Answer Happy

First-mover advantages are unlikely to be present in which one of the following instances? Copyright © by Glo-Bus Software, Inc. Copying, distributing, or 3rd party website posting isexpressly prohibited and constitutes copyright violation O When a company already has a well-known and highly respected brand name O When the products of industry members are strongly differentiated and the pace of product innovation is relatively slow O When an industry is composed of many different market segments and buyers have diverse needs and preferences O When the barriers to entering new geographic markets are relatively high and most rivals have weakly differentiated products When rapid market evolution (due to fast-paced changes in either technology or buyer needs) gives fast followers and maybe even cautious late movers the opening to leapfrog a first-mover's products with more attractive next-version products