In which of the following steps does updating the company's capabilities to match changing market conditions and customer expectations take place?
A) Staffing the organization
B) Recruiting and retaining talented employees
C) Acquiring,developing,and strengthening key resources and capabilities
D) Organizing value chain activities and business processes
E) Structuring the organization and work effort

Question

Quizplus · Accepted Answer

Acquiring, developing, and strengthening key resources and capabilities involves updating the company's capabilities to match changing market conditions and customer expectations. This step focuses on identifying the necessary resources and capabilities to compete effectively in the marketplace and developing them to meet changing needs. The other options focus on other important aspects of organizational management but do not specifically address updating capabilities to match changing market conditions and customer expectations.

In Which of the Following Steps Does Updating the Company's