Q This discussion is concerned with first-mover advantages and late-mover advantages. Question: a) Identify a firm that was the first to launch an innovative product or service (i.e., first mover). Describe the product or service. b) Identify a rival firm that launched a relatively similar product or service later on (i.e., late mover). c) In your opinion, for your selected product or service, was it more advantageous to be a first mover or a late mover? (i.e., which firm benefited the most). Here are a few examples of relatively similar products launched by different firms (feel free to use them if you wish): First mover: Myspace, Late mover: Facebook First mover: Iphone, Late mover: Android Devices First mover: Uber, Late mover: Lyft First mover: Diner's club, Late mover: Visa/Mastercard First mover: Lycos, Late mover: Google Etc. To get the maximum points for this discussion, you must make (A) make an initial post to answer the question above and (B) reply to at least one other post. Grading rubric for both posts: Answers to this assignment are subjective. Therefore, I am only grading your posts based on the following objective aspects: • Substantive Thoughts Expressed: Your thoughts and positions should be clearly explained. • Length: Initial posts should be at least 5 sentences long. Response posts should be at least 3 sentences long. • Completeness: Your initial post should cover all parts of the discussion question(s).