The capabilities and core competencies that Zara has developed in the execution of its strategy, i.e. rapid production processes and new apparel introductions, are NOT concerned with
A) bundles of skills and know-how that grew out of the combined efforts of Zara's cross-functional work groups and departments performing complementary activities at different locations in a firm's value chain.
B) evolving changes in customer needs and competitive conditions that often required tweaking and adjusting Zara's portfolio of competencies and intellectual capital to keep its capabilities freshly honed and on the cutting edge.
C) acts to bolster skills that contributed to Zara's earlier successes, or acts to respond to customer problems, new technological or market opportunities, and the competitive maneuvers of rivals.
D) cost-effectively hiring a cadre of people with the right talent and expertise, putting them together in a single work group, and then teaming the work group with Zara's key strategic allies/partners to mesh the skills, expertise, and competencies needed to perform the desired capabilities with some proficiency.
E) leveraging Zara's core competence into a distinctive competence (or transforming a capability into a competitively superior capability) , by concentrating more effort and talent than rivals on deepening and strengthening the competence or capability so as to achieve the dominance needed for competitive advantage.
Correct Answer:
Verified
Q55: When are capabilities-motivated acquisitions essential?
A)when industry conditions,
Q56: The traits of the capability-building process involve
Q57: A dynamic capability is the
A)ongoing capacity to
Q58: The strategic importance of deliberately trying to
Q59: It is ideal for key management slots
Q61: Superior strategy execution capabilities are
A)easy for rivals
Q62: Companies are UNLIKELY to use outsourcing to
Q63: Organizing the work effort in ways that
Q64: Critics of companies that use outsourcing contend
Q65: In order to coordinate and control the
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