Firms with High Levels of Absorptive Capacity Will Learn at Faster

question 48

True/False

Firms with high levels of absorptive capacity will learn at faster rates than firms with low levels of absorptive capacity, even if these two firms are trying to learn exactly the same things in an alliance.

---

Definitions:

Appreciate the Dollar

A term referring to the increase in value of the U.S. dollar relative to other currencies.

Flexible Exchange Market

A type of foreign exchange market where exchange rates can fluctuate in response to market forces without direct government intervention.

Supply Curve

A graph showing the relationship between the price of a good and the quantity of the good that suppliers are willing to offer for sale.

Appreciate the Euro

An increase in the value of the Euro relative to other currencies.