Question Details

 Mimicry increases the number of decisions


True/False 
1. Firms acquire information in the same ways and at the same rates during their histories. 


2. During a firm- initial years, knowledge is acquired as managers copy, or mimic, what they believe are the successful practices of others. 


3. As firms mature, they can acquire knowledge through experience and systematic search. 


4. Mimicry provides workable, if not ideal, solutions to many problems. 


5. Mimicry increases the number of decisions that need to be analyzed separately. 





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