Summarize the response of a second mover

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Assignment:

In a few sentences, discuss what a first mover, second mover, and late mover are.

What are some general benefits of being a first mover?
Briefly explain or summarize the response of a second mover, and the response/characteristics of a late mover.
Briefly summarize customer loyalty and earning above-average returns.
What are some of the effects of competitor response to returns earned?

Reference no: EM133450904

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