Why would a firm regularly choose to be a second mover? Likewise, why would a firm purposefully be a late mover?

Consider the following statement: “It is impossible for a firm to produce a relatively low-cost, yet somewhat highly differentiated product.” Is this statement true or false? Provide the reasoning to support your answer.

Not Everyone Will Be A First Mover

Why would a firm regularly choose to be a second mover? Likewise, why would a firm purposefully be a late mover?

1 page per question. APA format. In-text citations. 2 scholarly references. one source should be the textbook

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