Due to Path Dependence

question 21

Multiple Choice

Due to path dependence

• A) strategic decisions have long-term consequences.
• B) the occurrence of time compression diseconomies becomes rare.
• C) competitors can easily imitate or create core competencies quickly.
• D) past decisions of a firm do not affect its current situation.

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Definitions:

Salvation

Salvation in religious contexts refers to the deliverance from sin and its consequences, achieved through faith or divine means in various faith traditions.

Dorothea Dix

An American activist who, in the 19th century, led efforts to change the treatment of the mentally ill and to reform prisons in the U.S.

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