Question

jameson machinery inc. wants to release their newest equipment in the south american market before other companies in order to establish the jameson brand. in other words, the company wants to benefit from ____.

Answer 1

Based on the actions of Jameson Machinery Inc, we can infer that they want to benefit from First Mover Advantage.

First Mover Advantage:

• Involves being the first company or brand to enter a certain industry
• Gives the brand a competitive advantage and customer loyalty over other competitors
• Allows company to perfect services offered

In trying to get to South America first and having their brand established, Jameson hopes to benefit from first mover advantage which would see them have a competitive advantage over competitors that come later.

In conclusion, Jameson hopes to benefit from First-Mover Advantage.

Find out more at brainly.com/question/14663095.