Assignment:
Create a 7 page :
Discuss the advantages and the disadvantages of the first mover and the last mover theories
You should provide an unbiased comparison of the two theories.
1. Identify at least four advantages and four disadvantages for each theory and comprehensively show how each advantage or disadvantage affects the use of that theory (a minimum of 16 pros/cons in all).
2. Identify at least four examples of real firms : Strategic Managementave been successful and four examples of real firms who have been failures using each theory (a minimum of 16 real firms in all).
3. Provide a definitive and unbiased recommendation of which theory to use. You should provide the specific attributes which constitute the most advantageous context in which the chosen theory operates and justify your recommendation with researched support, logic and examples.
Section One: Advantages and Disadvantages of the first mover and the last mover theory ( a minimum of 16 examples- 33% of the grade)
First Mover Theory
First Mover Advantages (FMA).
1. Advantage and why this is an advantage
2. Advantage and why this is an advantage
3. Advantage and why this is an advantage
4. Advantage and why this is an advantage
First Mover Disadvantages (FMD).
1. Disadvantage and why it is disadvantage
2. Disadvantage and why it is disadvantage
3. Disadvantage and why it is disadvantage
4. Disadvantage and why it is disadvantage
(two spaces between the paragraphs)
Late Mover Theory
Late Mover Advantages (LMA).
1. Advantage and why this is an advantage
2. Advantage and why this is an advantage
3. Advantage and why this is an advantage
4. Advantage and why this is an advantage
Late Mover Disadvantages (LMD).
1. Disadvantage and why it is disadvantage
2. Disadvantage and why it is disadvantage
3. Disadvantage and why it is disadvantage
4. Disadvantage and why it is disadvantage
Identify at least four examples of real firms who have been successful and four examples of real firms who have been failures using each theory (a minimum of 16 real firms in all-33% of the grade)
First Movers
First Mover Theory Successful Firms (FMSF)
1. Firm and why this firm was successful using the first mover theory
2. Firm and why this firm was successful using the first mover theory
3. Firm and why this firm was successful using the first mover theory
4. Firm and why this firm was successful using the first mover theory
First Mover Theory Unsuccessful Firms (FMUF)
1. Firm and why this firm was unsuccessful using the first mover theory
2. Firm and why this firm was successful using the first mover theory
3. Firm and why this firm was successful using the first mover theory
4. Firm and why this firm was successful using the first mover theory
Late Movers
Late Mover Theory Successful Firms (LMSF)
1. Firm and why this firm was successful using the late mover theory
2. Firm and why this firm was successful using the late mover theory
3. Firm and why this firm was successful using the late mover theory
4. Firm and why this firm was successful using the late mover theory
Late Mover Theory Unsuccessful Firms (LUSF)
1. Firm and why this firm was unsuccessful using the late mover theory
2. Firm and why this firm was unsuccessful using the late mover theory
3. Firm and why this firm was unsuccessful using the late mover theory
4. Firm and why this firm was unsuccessful using the late mover theory
Provide a definitive and unbiased recommendation of which theory to use. You should provide the specific attributes, which constitute the most advantageous context in which the chosen theory operates and justify your recommendation with researched support, logic and examples