A first mover in the service industry is different from those in the manufacturing industry in terms of operational costs. Service industry fast movers spend a lot on marketing and building infrastructure for the delivery of services. While on the other hand, manufacturing companies spend money on the production of goods to be sold. Fast-moving service industry companies cannot outsource their services, as is in the case with manufacturing companies where this practice is common.
Compare and contrast being a fast-mover in a service sector and in manufacturing. Discuss opportunities and threats for the first mover in each sector.
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Academic.Tips. (2022) 'Compare and contrast being a fast-mover in a service sector and in manufacturing. Discuss opportunities and threats for the first mover in each sector'. 18 January.
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Academic.Tips. (2022, January 18). Compare and contrast being a fast-mover in a service sector and in manufacturing. Discuss opportunities and threats for the first mover in each sector. https://academic.tips/question/compare-and-contrast-being-a-fast-mover-in-a-service-sector-and-in-manufacturing-discuss-opportunities-and-threats-for-the-first-mover-in-each-sector/
References
Academic.Tips. 2022. "Compare and contrast being a fast-mover in a service sector and in manufacturing. Discuss opportunities and threats for the first mover in each sector." January 18, 2022. https://academic.tips/question/compare-and-contrast-being-a-fast-mover-in-a-service-sector-and-in-manufacturing-discuss-opportunities-and-threats-for-the-first-mover-in-each-sector/.
1. Academic.Tips. "Compare and contrast being a fast-mover in a service sector and in manufacturing. Discuss opportunities and threats for the first mover in each sector." January 18, 2022. https://academic.tips/question/compare-and-contrast-being-a-fast-mover-in-a-service-sector-and-in-manufacturing-discuss-opportunities-and-threats-for-the-first-mover-in-each-sector/.
Bibliography
Academic.Tips. "Compare and contrast being a fast-mover in a service sector and in manufacturing. Discuss opportunities and threats for the first mover in each sector." January 18, 2022. https://academic.tips/question/compare-and-contrast-being-a-fast-mover-in-a-service-sector-and-in-manufacturing-discuss-opportunities-and-threats-for-the-first-mover-in-each-sector/.
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"Compare and contrast being a fast-mover in a service sector and in manufacturing. Discuss opportunities and threats for the first mover in each sector." Academic.Tips, 18 Jan. 2022, academic.tips/question/compare-and-contrast-being-a-fast-mover-in-a-service-sector-and-in-manufacturing-discuss-opportunities-and-threats-for-the-first-mover-in-each-sector/.