Question

________ are the advantages associated with entering a market early. Group of answer choices: a) Pioneering advantages b) First-mover advantages c) Core competencies d) Late-mover advantages

Answer 1

Answer:

B, first-mover advantages

Explanation:

First-mover advantage is the advantage gained from being the first to occupy a particular market position. Acronymed FMA, First-mover advantage helps to ensure that the first and early comer to a market position gains control of resources thus giving the firm a competitive advantage in the market.

I hope this helps.