First-mover advantages include : Select one: a. Opportunity to free ride b. Resolution of...

Question:

First-mover advantages include : Select one:

a. Opportunity to free ride

b. Resolution of market uncertainty

c. Avoidance of clash with dominant firms at home

d. Easy adaptation to market changes

First-Mover Advantage:

A first mover in marketing refers to a firm or an individual which is the first to take advantage of an existing market gap and hit the ground running to bridge that gap. A market gap may exist in a given line of products or services being rendered which makes the consuming experience challenges due to unavailability of that good or services in the market.

Answer and Explanation:

First-mover advantages include: Select one:

c. Avoidance of clash with dominant firms at home

A first-mover firm or an individual who enters the...

See full answer below.

Become a Study.com member to unlock this answer! Create your account

View this answer

Learn more about this topic:

Loading...
First-Mover: Advantages, Disadvantages & Examples

from Intro to Business: Help and Review

Chapter 1 / Lesson 8
122K

Related to this Question

Explore our homework questions and answers library