With the help of conceptual knowledge from Chapter 5 – Timing of Entry of your Textbook and research of your own, answer the following questions.
Question 1-Write a short note (200-250 words) on a successful and an unsuccessful example of each-
(a) First Mover (b) Early Follower (c) Late Entrant. (3 Marks)
Question 2- Does being a Frist Mover in a market always yield undisputedly beneficial results. (300 -500 words)
Support your answer with valid points from the Textbook and other references