Cleon, a Korean cosmetics brand, recently launched its range of face oils in an entirely new market where that product has never been introduced by any brand. Exploring the new market turns out to be greatly beneficial for the company as the sales of the face oils shoot up immediately. In the given scenario, Cleon is a _____.

A) cash cow
B) business magnet
C) first mover
D) venture capitalist

First Mover

Refers to a company that is the first to enter a particular market, gaining advantages such as brand recognition and customer loyalty before competitors.

Korean Cosmetics

Beauty products originating from South Korea, known for their innovative formulas and packaging, heavily influenced by cultural trends and skincare routines.

Face Oils

Skincare products composed of natural oils designed to hydrate, nourish, and rejuvenate the facial skin.