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Social Studies, 14.02.2020 04:47 PONBallfordM89

Mova Electronics, a leading pager manufacturer, recently declared itself bankrupt. This was attributed to a decision the company made in the past. While most of Mova's competitors were shifting their research focus toward cell phones, Mova invested most of its retained earnings on improving its pagers. Once the pager market drastically declined, Mova Electronics was unable to capitalize on the new technology. Which of the following does this scenario best illustrate?

A) Knowledge diffusion
B) Path dependence
C) Causal ambiguity
D) Social complexity

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