Procedures, processes, and routines that continuously expand existing resources or improve operating capabilities most accurately define the term __________.
A)network externalities
B)competitive parities
C)dynamic capabilities
D)operating capabilities

Question

Quizplus · Accepted Answer

The term that accurately defines procedures, processes, and routines that continuously expand existing resources or improve operating capabilities is dynamic capabilities. Option A, network externalities refer to the increase in the value of a product as more people use it, while competitive parities refer to the minimum level of quality expected by customers. Option D, operating capabilities, refers to the ability of a company to operate effectively in terms of cost and efficiency.

Procedures, Processes, and Routines That Continuously Expand Existing Resources or Improve