Question

A firm's attempts to shorten the length of time a process takes, may lead to disappointing outcomes because of ______.

Answer 1

A firm's attempts to shorten the length of time a process takes may lead to disappointing outcomes because of time compression diseconomies.

What are time compression diseconomies?

• According to time compression diseconomies, which are defined as inefficiencies that arise when work is done more quickly, the cost of building a competency will rise exponentially as the amount of time permitted to do so decreases.
• Not every subsidiary deals with time compression diseconomies to the same extent.
• The date of a later subsidiary formation may affect how strong TCD is. Early-established subsidiaries may have greater TCD than later entries due to two factors.
• First, for late movers, vicarious learning may lower TCD. Second, TCD is made worse by the higher environmental uncertainty that early mover subsidiaries frequently experience.
• TCD explains why the well-studied relationship between the level of multi-nationality and business success is negatively moderated by the rate of overseas expansion.

To learn more about Diseconomies refer to:

brainly.com/question/14563017

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