Regarding entry into a new market, which of the following is true?
A. First movers are not able to detect changes in the market.
B. First movers face more competitive rivalry.
C. First movers gain expertise through participation.
D. First movers suffer a cost disadvantage.
Answer: C
You might also like to view...
Which of the following statements is true of liabilities?
a. Accounts payable are listed in the current liabilities section in alphabetical order by vendor. b. Classification of current liabilities is important because of the liquidity concept. c. Current liabilities are listed in order of decreasing amounts in the current liability section of the balance sheet. d. The accounting principles followed in the U.S. differ from those of other countries; this is especially true for current liabilities.
The ________ Clause in the Constitution collectively prohibits states from enacting laws that unduly discriminate in favor of their residents
A) Due Process B) Equal Protection C) Establishment D) Privileges and Immunities
What do the authors mean when they refer to “peeling the onion”?
a. Keep asking questions until you understand the core of the problem. b. Ask questions slowly and take your time c. Start with questions you think people will want to answer most d. Ask leading questions to guide the interviewee
In the context of new enterprise systems, how should organizations manage employee resistance to change?
What will be an ideal response?