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GEM Corporation saw an opportunity in the electric car industry. The company had studied major electric car brands such as the Toyota Prius and the
GEM Corporation saw an opportunity in the electric car industry. The company had studied major electric car brands such as the Toyota Prius and the Nissan Le It believed it could avoid many of the challenges these companies had encountered with a new technology that would reduce costs. GEM also knew from watchi competitors that it would have to work hard to convince skeptics that the electric car was a viable and dependable method to get around. By avoiding these mistakes and using its technology, GEM quickly gained market share once it began launching its vehicles. What type of advantage did GEM have?
a market share advantage
b strategic advantage
c latemover advantage
d firstmover advantage
e core advantage
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