Question

___________ are the benefits gained by firms that are the first to enter new markets, establish brand identity, and/or adopt new technologies. Competitive aggressiveness Technological capabilities First-mover advantages Breakthrough innovations

Answer 1

Answer:

The correct answer is first mover advantages

Explanation:

First mover advantages is a product or a service which gains an advantage by being the first one to the market along with a service or a product. It enables a firm for establishing the recognition of strong brand and customer loyalty.

First mover advantages is the one where the benefits are acquired by the business which are first to enter the new markets.