Question
4. Being a first mover can give advantages that can enhance performance, except: a. E-commerce marketing mix b. Cost advantage c. Less competitive rivalry d.
4. Being a first mover can give advantages that can enhance performance, except:
a. E-commerce marketing mix
b. Cost advantage
c. Less competitive rivalry
d. Strong suppliers and distribution channels
5. A new entry involves considerable risk for the entrepreneur. The risk comes from uncertainty over the following, except:
a. Market demand
b. Technological development
c. Market innovation
d. Actions of competitors
6. In general, the choice of market scope ranges from a narrow- to a broad-scope strategy and depends on the type of risk the entrepreneur believes is more important to reduce.
a. True
b. False
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