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3 years ago

First-mover disadvantages refer to:__________

Business

2 answers:

Masteriza [31]3 years ago

4 0

Answer: A. disadvantages associated with entering a foreign market before other international businesses.

Explanation:

First-mover disadvantages refer to:__________

A. disadvantages associated with entering a foreign market before other international businesses.

First-mover is an individual or organisation that makes an entry into the market first.

It has advantages and disadvantages as a First mover
one advantage is establish a brand to customers
one disadvantage is ssociated with entering a foreign market before other international businesses

Zarrin [17]3 years ago

3 0

Answer:

Option A.

Explanation:

A first mover can be referred to as a service or product that gains a competitive advantage by being the first to enter a particular market with a product or service. Being a first-mover can enable a company to establish a strong brand recognition, and gain customer loyalty before competitors can enter the market. Another advantage is that a producer has enough time to perfect his/her product or service before the appearance of competitors, and also setting the market price for the innovative commodity.

However, there can also be disadvantages which are linked to entering a foreign market before other international businesses, and they can be referred to as first-mover disadvantages. These disadvantages may manifest in the form of pioneering costs, which are the costs that an early entrant must bear, but a later entrant can avoid.

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3 years ago

An investor is considering a $25,000 investment in a start-up company. She estimates that she has probability 0.2 of a $15,000 l

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Explanation:

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3 years ago

A factory pays its employees on Wednesdays, and on Thursdays, employee productivity seems to be a little slow. The productivity

Tju [1.3M]

Answer:

C. Fixed Interval

Explanation:

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3 years ago

Crater HVAC Systems is preparing its statement of cash flows (indirect method) for the year ended March 31, 2018. To follow,

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Answer:

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