All categories

2 years ago

First-mover disadvantages refer to:__________

Business

2 answers:

Masteriza [31]2 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]2 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.

You might be interested in

If it is known that the income elasticity of demand for the same good is 2.5, estimate the percentage change in demand if consum

svetlana [45]

Answer:

500%

Explanation:

Given that,

Income elasticity of demand = 2.5

Consumer income increases from $100 to $300,

Therefore, percentage change in consumer income:

= [($300 - $100) ÷ $100] × 100

= [$200 ÷ $100] × 100

= 200%

Income elasticity of demand = (% change in Quantity demanded) ÷ (% change in income)

2.5 = (% change in Quantity demanded) ÷ 200%

Hence,

% change in Quantity demanded = 2.5 × 200%

= 500%

8 0

3 years ago

"Clothing maker The Gap states that its purpose as an organization is to "create emotional connections with customers around the

alexdok [17]

Answer:

mission statement

Explanation:

Mission statement -

It is the statement about the organization , as why is the organization in existence , determining the goal of the operation , the type of product ans service that the organisation provides , find the overall goal and the primary market and customer , is known as the Mission statement .

Hence , from the question , The Gap , the clothing maker have certain motto , i.e. , create emotional connections with the customer ,

Therefore , it is the company's Mission statement .

8 0

3 years ago

On January 1, Concord Corporation issued $4300000, 9% bonds for $3995000. The market rate of interest for these bonds is 10%. In

Serga [27]

Answer:

The correct option is D,$292,500

Explanation:

The unamortized bond discount is the balance of the bond discount left at the end of first year when that year portion of bond discount has been amortized.

In order to ascertain the balance of the unamortized bond discount,we prepare the bond schedule showing how much was amortized in the year as follows:

Bal b/f interest expense at10% coupon payment 9% Bal c/f

$3,995,000 $399,500 $387,000 $4,007,500

The amortized interest is the difference between the interest expense based on the cash proceeds and the coupon payment calculated on the face value of $4.3 million

amortized discount=$399,500-$387,000=$12,500

Total bond discount=$4,300,000-$3,995,000=$305,000

unamortized discount=$305,000-$12,500=$292,500

3 0

2 years ago

Fido wants to buy a new car. He will need to get a car loan. Fido decides to wait for a few months until his credit history impr

Rom4ik [11]

your answer is: Fido's decision is sensible because the cost of the car loan should be less if his credit history improves.

4 0

3 years ago

Read 2 more answers

Write the importance of flower farming in Nepal in point

Dvinal [7]

Importance of flower cultivation is increasing day by day in Nepal because they understood the income which can be generated by floriculture and the soil also permits the cultivation of the plants at a large scale.

7 0

2 years ago