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Business Information Systems
-Explain why sometimes the follower and not the first mover of a new technology is more successful in the market place.-Discuss the timing of entry strategies into the market for new products. What assumptions underlie the use of such strategies?
It explains the first mover and follower relationship. The solution also gives good information on the timing of entry strategies, as well as, provides reasons that a follower is sometimes in better position than a first mover.
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