_____ are complex bundles of skills and accumulated knowledge,excised through organizational processes,that enables firms to coordinate activities and make use of their assets.
A) Business clusters
B) Competitor faculties
C) Cross functions
D) Distinctive capabilities

Question

_____ are complex bundles of skills and accumulated knowledge,excised through organizational processes,that enables firms to coordinate activities and make use of their assets.
A) Business clusters
B) Competitor faculties
C) Cross functions
D) Distinctive capabilities

Quizplus · Accepted Answer

Distinctive capabilities refer to the unique set of skills, knowledge, and processes accumulated by a firm over time that allows it to effectively coordinate activities and leverage its assets. These capabilities are difficult to replicate by competitors, giving the firm a sustainable competitive advantage. Business clusters refer to geographic concentrations of related businesses, competitor faculties are not a commonly used term, and cross functions refer to the integration of different functional areas within an organization.

_____ Are Complex Bundles of Skills and Accumulated Knowledge,excised Through