Which of the following best exemplifies a first-mover advantage?
A) Venus Inc.has more than 50 percent market share in the telecom industry,because no other company had invested in this industry before Venus Inc.
B) Maya won a cash discount of 75 percent on the latest NewY phone as she was the winner of a competition conducted by NewY.
C) The level of satisfaction Simon experienced when dining at the Emerald Inn was greatest the first time,and thereafter it reduced each time he dined there.
D) Innovative Creations Inc.was the first to exit the declining pager phone manufacturing industry and as a result,it avoided losing a lot of money.
E) Product critiques are extremely respected by major firms,as they are the first ones to review new products and services.
Correct Answer:
Verified
Q82: The cost of doing business is most
Q86: In the Republic of Lantharia,the state-owned telephone
Q88: Star Volans Inc.is planning on expanding its
Q89: Capricorn Creative Inc.,a U.S.-based advertising firm,was the
Q90: Which of the following is an implication
Q92: When social unrest and disorder in a
Q93: In economic terms,the long-run monetary benefits of
Q94: The United Nation of Amberia,a Western European
Q95: Which of the following statements is most
Q96: When Galaxy Ventures,a real estate company,entered the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents