Disadvantages of being the first mover in industry

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1. Explain the rationale for workers' compensation. What are the objectives of workers' compensation? Who is covered by this program, and how does it help prevent future accidents?

2. What are your thoughts or opinion on this question below, I need a 300 words summary with an introduction, body, conclusion and 1-2 references, 

What are the advantages and disadvantages of being the first mover in an industry? Give some examples of first mover and late mover firms. Were they successful?

Reference no: EM132087653

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