Final answer:
The correct answer is C) path dependence. Path dependence refers to the idea that the choices and decisions made at the early stages of a company's development can have a long-lasting impact on its trajectory and future success. certain path and influenced its growth and innovation over time.
Step-by-step explanation:
The correct answer is C) path dependence. Path dependence refers to the idea that the choices and decisions made at the early stages of a company's development can have a long-lasting impact on its trajectory and future success. In this case, LaserTech's new technological development is a result of the proprietary investments the company made when it was first founded twenty years ago.
These investments set the company on a certain path and influenced its growth and innovation over time. The correct answer is C) path dependence. Path dependence refers to the idea that the choices and decisions made at the early stages of a company's development can have a long-lasting impact on its trajectory and future success. certain path and influenced its growth and innovation over time.