Question

First mover advantage refer ___________________.

• A. early identification of business opportunities
• B. early identification of uncertainty
• C. early identification of business rivals
• D. early identification of uncertainty in business.

Answer 1

The correct option is A early identification of business opportunities

First mover advantage refers to the early identification of business opportunities. A first mover is a service or product that gains a competitive advantage by being the first to market. Because of first-mover advantage a company is able to establish strong brand recognition and customer loyalty before competitors.

Thus the correct answer is A.