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A prime example of the negatives effectives of "Path Dependency" is the QWERTY keyboard layout, which persists in usage despite there being far more efficient ways to organize a keyboard. Path Dependency can also be used to maintain a sustainable competitive advantage. Identify a firm and product, other than Apple, that has used path dependency to its advantage and discuss how this was accomplished.

Please use economic terms and explain in depth.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92571726
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