Question

Due to path dependence:_____

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

Answer 1

A. strategic decisions have long-term consequences.

Step-by-step explanation:

Due to path dependence strategic decisions have long-term consequences.

Path dependence: It is the dependence on strategic outcome that has impact in the past, however, it is no more relevant in the current situation. It describes a process in which the options one faces in a current situation are limited by decisions made in the past. These decision has enduring influence on the decision made today. Path dependence rests on the notion that time cannot be compressed at will.