An Organisation Has Built Its Strategy Around Previous Path- Dependent

question 40

Multiple Choice

An organisation has built its strategy around previous path- dependent capabilities that they have developed. Which term is used for this situation?

• A) Lock in
• B) Lock out
• C) Strategic drift
• D) Recency

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Definitions:

Progress Meeting

A scheduled gathering of team members or stakeholders to discuss and review the status and advancement of a project or task.

Expert Systems

Computer systems that support decision making by incorporating the decision rules used by people who are considered to have expertise in a certain area.

Computer Systems

Integrated assemblies of hardware and software components that enable the processing, management, and storage of data.

Decision Rules

Predetermined guidelines or criteria used to make choices among alternatives in decision-making processes.