Moran Ironworks has a new, not seen before innovative approa…

Moran Ironworks has a new, not seen before innovative approach to solar powered machinery.  This innovation is likely to save manufacturing plants thousands of dollars in production costs.  Which of the following is a potential first-mover advantage that Moran Ironworks could capitalize on by entering a market early?

Proctor and Gamble is planning to enter the Chinese market….

Proctor and Gamble is planning to enter the Chinese market. The company is considering a global standardization strategy for its Asian expansion. How might a global standardization strategy affect the product offerings of Proctor and Gamble in the Chinese market?