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Class 12 Business Studies Business Environment Technological environmentExpert

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Which option is an example of first mover advantage arising from the technological environment?

Answer and explanation

Correct answer: A company introducing a useful app based service first in the market

Introducing useful technology first can build brand and customer base. In exams connect first mover advantage with innovation.

Related tags

Business-Environment First-Mover-Advantage Innovation Technological Environment Business Environment Business Studies Class 12 Mcq

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