Question

Rectang Corp, an e-commerce firm, recently adopted a new supply chain management system. By virtue of the new system, the company is able to deliver products to customers in a shorter period of time than other e-commerce companies. The supply chain management system may become outdated in the near future; however, it has presently led Rectang Corp to becoming the industry leader. In the given scenario, Rectang Corp has achieved _____.

A) First-mover advantage
B) Competitive inertia
C) Quality assurance
D) Vertical integration

Answer 1

A) First-mover advantage

Step-by-step explanation:

Adoption of a new supply chain management by Rectang Corp improving its sales delivery ahead of its competitors hence a source of competitive edge. The company being the industry leader shows that the new innovation is providing Rectang Corp the benefits of a first-mover before the competitors follow suit. Therefore, a firm that acts first and builds on its supply and sales on before other firms, enjoys the first-mover advantage.