One of the advantages of being a first-mover is the opportunity to free ride on late-mover investments.
a. true
b. false
Answer: b. false (The late-mover takes advantage of the opportunity to free ride on the first-mover investments)
One of the advantages of being a first-mover is the opportunity to free ride on late-mover investments.
a. true
b. false
Answer: b. false (The late-mover takes advantage of the opportunity to free ride on the first-mover investments)