Which of the following statements is true of a second-mover?
A second-mover has a weak customer focus.
A second-mover is always at a disadvantage when compared to a pioneer.
A second-mover is the first to market with a new product idea.
A second-mover is always less profitable over the long-run.
A second-mover is one that quickly follows a pioneer.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which of the following statements is true of a second-mover? A second-mover has a weak customer focus. A second-mover is always at a ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
In 2018, Bodily Corporation reported $230,000 pretax accounting income. The income tax rate for that year was 25%. Bodily had an unused $126,000 net operating loss carryforward from 2016 when the tax rate was 32%.
Answers (1)
The annual percentage rate indicates the amount of interest, including the effect of any compounding. a. True b. False
Answers (1)
The interest rate charged on a risk-free loan exceeds the rate on a risky loan. a. true b. false
Answers (1)
Here are the data for the past 21 months for actual sales of a particular product: LAST YEAR THIS YEAR January 325 260 February 440 380 March 450 370 April 440 420 May 380 440 June 460 360 July 410 375 August 370 300 September 345 380 October 510
Answers (1)
Which of the following would constitute contractionary monetary policy by the Fed? a. Open market sales of government securities, an increase in the discount rate, and an increase in reserve requirements b.
Answers (1)
New Questions in Business
Organizational core values are the answer to which of the following questions? How do we accomplish our goals? Which of the value chain activities are primary? What is the value added to a good or service at each step in the production?
Answers (1)
A company borrows $38,000 with 7% interest on october 1, 2018. this amount plus interest is due on september 30, 2019. record the adjusting entry on december 31, 2018.
Answers (1)
Which of the following is a TRUE statement regarding Treasury Bills? A T-Bills are non-callable and are issued at par B T-Bills are non-callable and are issued at a discount C T-Bills are callable and are issued at a discount D T-Bills are
Answers (1)
Isabel, a calendar-year taxpayer, uses the cash method of accounting for her sole proprietorship. In late December she received a $19,000 bill from her accountant for consulting services related to her small business.
Answers (1)
How might you measure service quality in a hotel? A. Any unserviceable item in the room (light, TV, radio, mini-bar, etc.) B. Response time for room service. C. Accuracy of room bill. D. Number of minutes waiting to check in. E.
Answers (2)