Question

According to Alfred Chandler

A) high-tech industries are defined by "paths of learning."
B) companies spring from an individual entrepreneur's knowledge, which then evolves into organizational knowledge.
C) once a corporation has built its learning base to the point where it has become a core company in its industry, entrepreneurial start-ups are rarely able to successfully enter.
D) organizational strengths derive from learned capabilities.
E) all of the above

Answer 1

Chandler suggests that a firm's strengths are based on learned capabilities, which affect the competitive landscape of industries, making it hard for new start-ups to compete once a company has established dominance.

Step-by-step explanation:

According to Alfred Chandler, organizational strengths derive from learned capabilities. This encompasses a range of aspects such as how high-tech industries are defined by "paths of learning," the evolution from an individual entrepreneur's knowledge to organizational knowledge, and how once a corporation becomes a core company in its industry, it is difficult for entrepreneurial start-ups to enter successfully. Chandler's view aligns with the concept that technological change is a combination of invention and innovation, which we can see echoed in economic growth where human capital, physical capital, and technology all work in harmony to foster development and productivity.