A firm that successfully balances exploitation of current opportunities and exploration of future possibilities is considered ambidextrous.
Answer the following statement true (T) or false (F)
True
Ambidexterity describes a firm's ability to address trade-offs not only at one point but also over time. It encourages managers to balance exploitation-applying current knowledge to enhance firm performance in the short term-with exploration-searching for new knowledge that may enhance a firm's future performance.
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What will be an ideal response?
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