Explain how the virtuous cycle for one company can be a vicious cycle for another company. How

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Explain how the virtuous cycle for one company can be a vicious cycle for another company. How does it create barriers to entry?

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Organizational Behavior

ISBN: 9781593998776

1st Edition

Authors: OpenStax

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Posted Date: Dec 07, 2023 01:14 AM

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Explain how the virtuous cycle for one company can be a vicious cycle for another company. How

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Expert Answer:

The virtuous cycle when beneficial for one company can become a vicious cycle for another creating barriers to entry in the market This dynamic is often observed in industries where network effects ec... View the full answer

Organizational Behavior

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