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

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Quizplus · Accepted Answer

This statement is true. During a firm's initial years, managers often lack their own experience and knowledge, so they look to others for guidance and may copy what they perceive as successful strategies or practices. This is known as mimetic isomorphism. Over time, as the firm gains experience and expertise, they may develop their own unique approaches and strategies.

During a Firm's Initial Years,knowledge Is Acquired as Managers Copy,or