Which company became leader in India's small car market by spotting the need early?
AMaruti Udyog
BTata Motors
CHindustan Motors
DPremier Auto
Answer & Solution
Correct answer: A. Maruti Udyog
1. Rising petrol prices and a large middle class created the need.
2. Maruti Udyog moved first.
3. This is the first mover advantage.
_Source: syllabus Business Studies, Chapter 3, Business Environment._
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