Question

A financial management firm has existed for more than 70 years. Some of its original clients' grandchildren are now clients of the firm themselves. The partners and staff of the firm have spent most or all of their careers with the firm. Many have even married into each other's families. This firm has capabilities that would be costly to imitate primarily because of its:

a. unique historical conditions.
b. social complexity.
c. access to large amounts of financial capital.
d. causally ambiguous core competencies.

Answer 1

Social complexity

Step-by-step explanation:

One of the most outstanding characteristics of large companies today is their ability to reinvent themselves over time, this is due to the high speed with which generational changes arise, if a company does not adapt and renew its staff will have serious problems such as social complexity.