Business Studies, asked by Goldy5496, 1 year ago

Why understanding of business environment gets a first mover advantage discuss?

Answers

Answered by Anonymous
16

Answer:

radhe radhe

Explanation:

enable verification of opportunities and getting the first mover advantages business environment Pro vides many opportunities to the French to improve the performance the prince which are able to scheme the opportunity and an early stage get maximum benefits and can leave their completed behinds

Answered by PravinRatta
5

Answer: Understanding business environment to get a first mover advantage is important as if a in the absence of first mover advantage the the possible opportunities could be lost in front of competitors.

Explanation:

First mover advantage - Awareness of environment helps an enterprise to take advantage of early opportunities instead of losing them to competitors. For example Maruti udyog become the leader in small car market because it was the first to recognise the need of a small on account of rising petroleum prices and the large middle class in India.

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