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.

Question

Quizplus · Accepted Answer

Path dependence rests on the notion that time cannot be compressed at will. When attempting to compress lots of effort and resources such as R&D into a short time period, it will not be as effective as when a firm spreads out its effort and investments over a longer period of time.

Path Dependence Rests on the Notion That