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The owner of a popular burger franchise is considering building an additional location in a neighboring town. The owner thinks it would be a good

The owner of a popular burger franchise is considering building an additional location in a neighboring town. The owner thinks it would be a good opportunity to beat the competition to town. The owner knows from past experience that ______.
a. competitive advantage can only be achieved by being the first to market
b. that research isn't necessary for these kinds of problems, instead managers must act on instinct
c. today's opportunity is tomorrow's problem if a company fails to take advantage of the opportunity while its competitors do
d. understanding a problem and knowing there is a problem are two different things, and the latter is the most important

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