Which one of the following statements about first-mover advantages and first-mover disadvantages is false? Copyright © b

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Which One Of The Following Statements About First Mover Advantages And First Mover Disadvantages Is False Copyright B 1 (61.71 KiB) Viewed 34 times

Which one of the following statements about first-mover advantages and first-mover disadvantages is false? Copyright © by Gio-Bus Software, Inc. Copying distributing, or 3rd party website posting isexpressly prohibited and constitutes copyright violation Being a fast follower or even a late mover can be advantageous when pioneering leadership is more costly than imitating followership, and only negligible experience or learning-curve benefits accrue to the leader. O To sustain any advantage that may initially accrue to a pioneer, a first-mover must be a recognized market leader, have a strong brand name, and employ either a best-cost provider or a low-cost provider strategy. Being a fast follower or even a late mover can be advantageous when rapid market evolution (due to fast-paced changes in technology or buyer preferences) presents opportunities to leapfrog a first-mover's products with more attractive next-version products. O If a first-mover's skills, know-how, and actions are easily copied or even surpassed, then followers and even late-movers can catch or overtake the first-mover in a relatively short period. If technology is advancing at a torrid pace, a first-mover cannot hope to sustain its lead without having strong capabilities in R&D, design, and new product development, along with the financial strength to fund these activities. Conues OR 00000