Sony was a pioneer in the portable music market segment. Sony's Walkman was an innovative product which created a new category altogether and made Sony a technological leader. This gave the company an edge over other consumer electronics brands that introduced portable music players for a very long time. In this example, Sony had the:

A. vertical integration advantage.
B. purchasing power parity advantage.
C. free-rider advantage.
D. first-mover advantage.

Answer: D. first-mover advantage.

Political Science

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When does political socialization take place?

a. during childhood and early adolescence b. in adolescence through early adulthood c. in early adulthood d. throughout the life-course

Political Science

In the ruling of Bush v. Gore, the Supreme Court found that the ___________ guarantees individuals that their ballots cannot be devalued later by arbitrary and disparate treatment

a. First Amendment b. Ninth Amendment c. Fourteenth Amendment d. Nineteenth Amendment

Political Science