XYZ printing is building a dominant position as the low-cost leader in the 3D printer market.Three resources the firm can draw on to build a sustainable advantage are(1)an efficient supply chains and manufacturing system,(2)internal control systems to minimize cost,and (3)competencies in the R&D of electronic products.This set of competencies will make it harder for later movers to imitate.This is an example of using ________ conditions to build protection in the 3D printing market.
A) social complex
B) physical uniqueness
C) path dependent
D) causal ambiguity

Question

Quizplus · Accepted Answer

Path dependency means that resources are unique and therefore scarce because of all that has happened along the path followed in their development and/or accumulation. XYZ printing is using its R&D and manufacturing experience to build a path-dependent advantage in the 3D printing market. Clearly, these path-dependent conditions build protection for the original resource. The benefits from experience and learning through trial and error cannot be duplicated overnight.

XYZ Printing Is Building a Dominant Position as the Low-Cost