A Process Is Said to Be Path Dependent When Imitating

question 17

True/False

A process is said to be path dependent when imitating firms are not able to understand the relationship between the resources and capabilities controlled by a firm and that firm's competitive advantage.

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Definitions:

Performing Stage

The phase in team development where the group functions harmoniously towards achieving its goals.

Norming Stage

The phase in team development where members resolve differences, appreciate colleagues' strengths, and respect the team's authority, leading to improved cooperation and progress towards goals.

Teamwork

The collaborative effort of a group to achieve a common goal or to complete a task in the most effective and efficient way.

Synergy

The increased effectiveness achieved when individuals or groups work collaboratively, producing a combined effect greater than the sum of their separate effects.