What would be considered an advantage of being the late mover into a market?
a. you benefit from the ability to free ride on the investments that the first mover makes in creating supply infrastructure and distribution channels
b. you can design products that correct the mistakes that the first mover made in meeting customer demand
c. you can leapfrog ahead of the first mover's technology
d. all of the above
d
Business
You might also like to view...
A balloon loan is most nearly:
a. a fully amortized loan b. a partially amortized loan c. a self-liquidating loan d. a standing loan
Business
Tony plans to deposit $1,000 at the end of each of the next three years. If his funds earn 5% compounded annually, how much will he have at the end of three years?
A) $3,150.00 B) $3,175.50 C) $3,152.50 D) $3,500.00 E) $4,310.10
Business