1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
earnstyle [38]
1 year ago
8

First movers are? a. firms that take an initial competitive action. b. firms that are first to exit a declining indus

Business
1 answer:
hjlf1 year ago
8 0

First movers are firms that take an initial competitive action.

A service or product that enters the market first and captures a competitive advantage is known as a first mover. Being the first usually allows a business to build a strong brand awareness and client loyalty before rivals enter the market. Other benefits include having more time to perfect its offering and determining the new item's selling price.

Industry's first movers are virtually always followed by rivals looking to capture market share and capitalize on their success. The market share held by the first mover is frequently maintained because it has built a strong enough client base and a large enough market share.

Learn more about first mover here

brainly.com/question/20714310

#SPJ4

You might be interested in
The Sisyphean Company's common stock is currently trading for $25.00 per share. The stock is expected to pay a $2.50 dividend at
nalin [4]

Answer:

4%

Explanation:

The Gordon constant growth dividend model =

Value = dividend / cost of capital - growth rate

Subsisting with the values given in the question gives :

25 = 2.5/0.14 - g

To solve for g,

1. multiply both sides by 0.14 - g

25(0.14 -g) = 2.5

2. divide both sides by 25

0.14 - g = 0.10

g = 0.04 = 4%

6 0
3 years ago
What do firms stand to gain by increasing their market power
Ivahew [28]

Answer:

Increase in profit.

8 0
3 years ago
Read 2 more answers
How is Change Management related to Baselining?
zheka24 [161]

Answer:

hope it helps..

Explanation:

Change management is an important part of project management in which the original project plan, represented by the baseline, is used to measure and assess project execution. ... The initial baseline is created by copying the data from the project after the project plan is completed, prior to starting.

8 0
3 years ago
You're responsible for managing your company's social media accounts. your colleague tells you about how a lot of businesses are
Ann [662]
If the pinterest account is helpful in promoting the content of the company and it is reliable for having to give a high reputation of the company that I would put into consideration the offer of my colleague if it meant of having to promote the company's name and reputation.
4 0
3 years ago
What has been mostly responsible for advancing from the agricultural age to the industrial age?
Ivan
Innovation is the correct answer to this question.
7 0
3 years ago
Read 2 more answers
Other questions:
  • Computers are typically protected from viruses by the use of
    12·2 answers
  • Is the law of precedent a minor part of American law?
    15·1 answer
  • Each morning, a deli worker has to make several pies and peel a bucket of potatoes. on monday, it took the worker 2 h to make th
    13·2 answers
  • Which transaction would cause one asset to increase and another asset to decrease?
    5·1 answer
  • Activity rates are calculated by a.dividing the budgeted activity cost by the total activity-base usage. b.dividing the total ac
    6·1 answer
  • HELP ME ASAPP ! Please don’t guess!
    11·1 answer
  • You have been tasked with advising the dictator of a nation over what he should do to increase the countries GDP. He suggests pr
    14·1 answer
  • Perform online research to find a car you would like to have. Find out how much it would cost to lease the vehicle, and how much
    12·2 answers
  • A manager states that his process is really working well. Out of the 300,000 parts produced last week, inspections identified 15
    11·1 answer
  • An employee who is responsible for planning, directing, and monitoring the work of other employees is a ________.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!