Management Glossary

  Search Results: late-mover advantage
late-mover advantage
An advantage that a company gains by not being among the first to compete in the market for a particular category of product or service. Late-mover advantages include being able to learn from the early market entrants mistakes -- including marketing, sales, regulatory and technology mistakes, among others.
Contributed by: ManagerWise Staff
See: first-mover advantage, early-mover advantage

Click on a letter to find terms starting with that letter:

You can also click here to see a list of all of the words in the glossary with links to the definitions.

Or, search the glossary:

Match: any word     all words

Help the Glossary Grow!

Click here
to add a definition. We credit contributors of accepted definitions with, at your option, an e-mail and/or Web link.