Which of the following is not one of the benefits that first movers enjoy?
A) Earlier benefits from economies of scale
B) Ability to create customer switching costs
C) First to obtain brand loyalty
D) Ability to accumulate knowledge about the market
E) Lower pioneering costs

Question

Quizplus · Accepted Answer

First movers typically face higher pioneering costs as they are the first to enter the market and have to invest in educating consumers and developing the market infrastructure.

Which of the Following Is Not One of the Benefits