All of the following are true concerning the importance of dynamic capabilities to a firm EXCEPT:
A) A firm is unable to create rare resources unless it is dynamic.
B) The firm must be able to change its resource base and activity systems when the external environment changes.
C) The firm must be able to modify, upgrade and reconfigure its resources as needed.
D) Possessing dynamic resource capabilities helps the firm to sustain competitive advantage(s) over time.
Correct Answer:
Verified
Q60: Currently,lean manufacturing is a _ but _
Q61: The fact that the U.S.still uses a
Q62: _ refer to a firm's ability to
Q63: Strategic activity systems that are socially complex
Q64: An upscale jeweler ordered several thousand ounces
Q66: According to Michael Porter,when it comes to
Q67: To sustain competitive advantage,strategic activity systems need
Q68: Intangible firm resources such as brand equity
Q69: Both Honda and Sony took many decades
Q70: Strategy Highlight 4.2 discusses how IBM was
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents