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:

Missing Factor

In mathematics, the unknown quantity in a multiplication problem that, when multiplied by a known quantity, gives a specific product.

Multiply

The mathematical operation of increasing one number by another number.

Combine

The process of adding or merging various elements or mathematical expressions together.

Simplify

The process of altering an expression or equation to make it easier to work with, often by combining like terms or applying mathematical operations.