Question

Examine two companies that had first mover advantage in indian business environment

Answer 1

Answer:

Two companies are Tata Consultancy and Volvo.

Explanation:

Mumbai based Tata Consultancy has contributed in bringing global expansion by outsourcing its software related business to major countries like East-European nation and China.

Volvo, on the other hand capitalizes over the advantage in luxury transportation service including luxury buses in India, sharing 74% of total revenue.  

Both the companies have great labor force and powerful vision that have made them achieve first-mover advantage in Indian corporate world.