Second-order-or revolutionary-change can be thought of as refinements to existing products or services or technologies.
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Q24: Higher-level learning involves developing totally new beliefs,
Q25: Higher-level learning is the "exploitation of the
Q26: Lower-level learning is the "exploration of the
Q27: Lower-level learning leads to reduced unit costs
Q28: Higher-level learning helps firm avoid being blindsided
Q30: Second-order-or revolutionary-change involves introducing totally new product
Q31: First-order change has also been called competence-destroying
Q32: Firms tend to allocate more resources to
Q33: Studies have shown that executives become less
Q34: Firms with CEOs who had served for
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