In the growth stage of the product life cycle, the riskiest move by a follower is to:
A) imitate the leader by developing "me-too" products.
B) leapfrog the competition.
C) exit quickly and invest in some other product with long-term potential.
D) fortify its position as number two or three.
B
Business
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Which of the following would diminish a fee simple estate?
a. death of the owner b. sale of the property c. rental of the property d. all of the above
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Which of the following allows a business the potential to own the market until other competitors venture to enter?
A) a decentralization strategy B) the cluster effect C) a low barrier to entry D) a first-mover advantage E) a network effect
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