First movers in an industry often capture above-average profits but usually find it difficult to maintain early market share gains.
Answer the following statement true (T) or false (F)
False
First movers have several advantages. They often capture unusually high profits because there are no competitors to drive prices down. First movers that establish brand recognition are usually able to retain their image and hold on to the market share gained by being first. Generally, first movers have an advantage that can be sustained until the maturity phase of the industry life cycle.
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Once a customer transaction is completed, there is never any further follow-up required.
Answer the following statement true (T) or false (F)
What is mentoring?
What will be an ideal response?
Describe at least two other times since the Pickering decision in which the Supreme Court revisited the ruling. What were the outcomes?
An assignment of the interest of a limited partner dissolves a limited partnership.
Answer the following statement true (T) or false (F)