Any topic (writer's choice)
Instructions
-Citing of references is necessary.-Add reference page.NOTE: It is mandatory for the students to mention their references, sources and support each answer with at least 2 peer reviewed journal.
Answer
Management of Technological InnovationQuestion 1First MoverThe first-mover advantage provides the opportunity for the company to establish a reliable and strong brand recognition that will help them attain product or service loyalty before the entrance of other firms into the market (Markides & Sosa, 2013). Therefore, the first mover organization has the chance of establishing their product as the standard of the industry, control resources in the long-term, be the first to tap into consumers and make a strong impression for brand recognition and loyalty, and obtain advantage during a phase of a high switching cost to later or other entrants by the consumers. In addition, first movers have the advantage of making their technological products or services more complex for the later entra...
To avoid plagiarism, part of the answer is hidden. Click on the button below to order the full answer.
Order Answer
Back
Price Calculator
Manage orders
Why we are Ranked the best
- Unlimited Revisions
- Free 24/7 Support and chat
- Money back guaranteed
- Low prices with discounts
- Experienced writers.
- Free Unlimited support