The Main Reason Why a Firm's Distinctive Capabilities Reflect the Conditions

question 11

Multiple Choice

The main reason why a firm's distinctive capabilities reflect the conditions that the firm faced during the early years of its development is because:

• A)Most managers adhere to the old adage: "If it ain't broke,don't fix it"
• B)Capabilities that develop early become embedded in a firm's organizational culture
• C)Exploitation tends to dominate exploration
• D)Managers' bounded rationality

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Definitions:

CSWE

The Council on Social Work Education, an association representing social work education in the United States, dedicated to promoting quality social work education and providing accreditation to social work programs.

Competencies

A set of defined skills, knowledge, abilities, and attributes that contribute to successful performance in a job or task.

Group Work

Collaborative efforts of individuals working together in a coordinated manner towards a common goal or objective.

Broker Role

The function or position of acting as an intermediary between parties to facilitate an agreement or provide specialized services.