What are the advantages of being the late mover in industry

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a. What does it mean to be the first mover in an industry, and what are its advantages? Give a real-life example of a first mover firm and describe how successful it was.

b. What are the advantages of being the late mover in an industry? Give a real-life example of a late mover firm and describe how successful it was.

Reference no: EM13902853

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