A first-mover advantage is the process of gathering information about the competitive environment, including competitors' plans, activities, and products, to improve a company's ability to succeed.
a) true
b) false

The company's effort to collect and analyze data on the industry, enterprise environment, rivals and competitive goods and services of its competitors results in competitive intelligence. The collection and assessment of data can help a business cultivate its plan or recognize competitive gaps.

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swatiupadhyay714 swatiupadhyay714 · Answer 2 · 2022-01-04T14:28:16+01:00

The process that has been mentioned in the context regarding the growth and survival of the company is stated false.

The correct process regarding the context is competitive Intelligence.

The process of understanding your customers is also part of competitive intelligence. Competition is crucial to gaining an advantage over them. It is not illegal to collect information on your competitors. It encourages creativity and aids in decision-making.

Therefore, the statement is b) false.

To know more about the process of gathering information and the survival and growth of the firm, refer to the link below:

https://brainly.com/question/8141905

A first-mover advantage is the process of gathering information about the competitive environment, including competitors' plans, activities, and products, to improve a company's ability to succeed. a) true b) false

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A first-mover advantage is the process of gathering information about the competitive environment, including competitors' plans, activities, and products, to improve a company's ability to succeed.
a) true
b) false