According to Prahalad and Hamel, It Is the Level of Knowledge

question 20

True/False

According to Prahalad and Hamel, it is the level of knowledge a firm possesses that leads to innovation and competitive advantage and not the velocity with which the knowledge is circulated in the firm.

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Definitions:

Decentralized Communication

A mode of communication where messages are exchanged without a central control point, allowing for more direct and varied paths of information flow.

Balance Theory

A psychological theory suggesting that individuals seek consistency and balance among their beliefs, attitudes, and perceptions within a social context.

Interpersonal Structure

The organized pattern or arrangement of relationships and interactions among individuals within a group or society.

Norms

Shared guidelines or rules for behavior that are accepted within a group or society.