Which of the following is not a disadvantage to being a first mover?
A) Significant pioneering costs
B) Tendency to make mistakes
C) Risk of building the wrong resources and capabilities
D) Accumulation of market knowledge
E) Possibility of investing in inferior or obsolete technology

Question

Quizplus · Accepted Answer

Accumulation of market knowledge is not a disadvantage to being a first mover. In fact, being the first mover provides a unique opportunity to gain valuable insights into the market and customer preferences.

Which of the Following Is Not a Disadvantage to Being