Higher-level learning helps firm avoid being blindsided by new rivals, fosters development of new technologies,
and supports the introduction of new products and services.

Question

Quizplus · Accepted Answer

Higher-level learning allows firms to stay ahead of the curve by anticipating future trends and responding to emerging challenges, which ultimately leads to the creation of new technologies and products. This proactive approach enables firms to avoid being blindsided by new rivals, who may be able to disrupt the market by leveraging innovative approaches or entering the market at a lower cost. By investing in higher-level learning, firms can position themselves to take advantage of new opportunities, navigate shifting business landscapes, and stay competitive in an ever-changing world.

Higher-Level Learning Helps Firm Avoid Being Blindsided by New Rivals