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Question
Which one of the following is an advantage of being a first mover?
A) certainty over the direction of technology and market
B) low development costs
C) no financial or strategic risks
D) opportunity to begin building customer relationships
Answer
This answer is hidden. It contains 58 characters.
Related questions
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________ should be sold off or liquidated as they have low market share and low growth potential.
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As smartphone cameras improved, consumers turned away from traditional cameras. Polaroid lost market share and finally realized their product was no longer desired. At that point, Polaroid would be considered a ________ in the BCG matrix.
A) question mark
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A) cash cow
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In a short essay, describe how managers can effectively plan when the external environment is continually changing.
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Qualitative data includes information about the number and cost of warranty work.
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Business intelligence is the same thing as competitor intelligence
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A) threat until the patent expires
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When an organization is analyzing its labor supply, it is studying its ________.
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In a short essay, explain strategic management and why it is important.
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Strategic management involves only the planning function.
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What is a strategic disadvantage of being a first mover?
A) least opportunity to build customer loyalty
B) risk of competitors imitating innovations
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Q:
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A) first mover
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B) It should ignore mistakes.
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Q:
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