Ask Question
BusinessBusiness
10 January, 16:09

In many cases, pioneers lose their market lead and initial market share to imitators who:

+1
Answers (2)
  1. 10 January, 16:28
    0
    The correct answer is, Who make better substitutes.

    Explanation:

    In many cases, pioneers lose their market lead and initial market share to imitators who make better substitutes. Pioneers usually don't focus much on the quality of the product they offer because of the mind set that they are the ones who have captured the whole market and people are satisfied with them, but actually when people find a better substitute of pioneer's product, they switch to that new company and in this way pioneers lose their market lead and initial market share.
  2. 10 January, 16:31
    0
    capitalize on the pioneers' weaknesses. Kodak is a great example of this. Also Blockbuster video
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “In many cases, pioneers lose their market lead and initial market share to imitators who: ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
In which circumstances would a shoe store reduce the price of shoes
Answers (1)
A monopolistically competitive firm is currently earning a positive economic profit. If other firms enter the market, we would expect that the added competition will cause this firm to adjust its output such that it (A) will no longer be at its
Answers (1)
A good friend of Dave Sampson informed him that the company he works for will announce a new product that will revolutionize the industry the friend works in. Dave is very excited about the prospective jump in the stock price.
Answers (1)
Sweet Dreams sells pillows for $25 each. Variable costs are $15 per pillow. The company is considering improving the quality of materials which will increase variable costs to $19.
Answers (1)
Olga, a salesperson for Pre-owned Cars & Trucks, Inc., tells Quincy, "This is the best car I've ever seen." This statement is
Answers (1)
New Questions in Business
A firm realizes that the market price has fallen below its average total costs, and it is now earning a loss. what is the best action for the firm to take in the short run?
Answers (1)
Fixed expenses: a. includes labor, raw materials, and commissions. b. can be estimated by taking into consideration the production. c. are incurred regardless of sales volume. d. must be linked to strategy in the business plan
Answers (1)
4) Which of the following is least likely to be your primary health care provider? a. an allergist b. an internist c. an obstetrician-gynecologist
Answers (1)
T/F A macroeconomist would be concerned with the following statement. "Two major hurricanes caused significant damage to the eastern seaboard and led to a fall in GDP and a rise in unemployment in the U. S. economy."
Answers (1)
At the beginning of the year, Mitchum Enterprises allows for estimated uncollectible accounts of $14,000. By the end ofthe year, actual bad debts total $15,000. Record the write-off to uncollectible accounts.
Answers (1)
Home » Business » In many cases, pioneers lose their market lead and initial market share to imitators who:
Sign Up Forgot Password?