For an Organic Entity, Such as a Firm,, Path-Dependency Means

question 83

Multiple Choice

For an organic entity, such as a firm,, path-dependency means that:

• A)That this firm's capabilities today are the result of its history
• B)This firm's way forward depends on decisions to be made at future crossroads
• C)This firm's history is dependent upon it developing a clear path forward
• D)There is only one path for this firm to evolve over time

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Definitions:

Poor Listening Habits

Bad practices in listening that hinder effective communication, such as interrupting, not paying attention, or jumping to conclusions.

Active Listening

The practice of fully concentrating, understanding, responding, and remembering what is being said during communication.

High-Context Cultures

Societies where communication is heavily reliant on context, nonverbal cues, and the relationships between speakers rather than explicit words.

Low-Context Culture

A culture in which a written agreement, such as a contract, can be taken at face value.