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

The step where updating the company's capabilities to match changing market conditions and customer expectations takes place is acquiring, developing, and strengthening key resources and capabilities. This step involves identifying and building upon the company's strengths and addressing any weaknesses or gaps in its capabilities to meet the changing demands of the market and customers. Therefore, option C is the correct choice.

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