Path Dependence Rests on the Notion That

question 4

Multiple Choice

Path dependence rests on the notion that

• A) time cannot be compressed at will.
• B) strategic decisions are easily reversible.
• C) rare resources can be built in a short period of time.
• D) competitive advantage can be sustained indefinitely.

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Definitions:

Encoding

The process of transforming information into a form that can be stored in memory.

Encoding

The process of converting information into a form that can be stored in the memory.

Storage

In the context of memory, it refers to the process of maintaining information in the brain over time.

Priming

The process by which exposure to a stimulus influences a response to a subsequent stimulus, making certain responses more likely.