In Prahalad and Hamel's model,it is possible for a firm to develop core competencies to a set of abilities that enable it to quickly reconfigure its organizational structure and routines in response to new opportunities.

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Prahalad and Hamel's model emphasizes on the development of core competencies, which are unique capabilities that give a firm a competitive advantage over its rivals. One of the key aspects of these competencies is their flexibility, which enables the firm to adapt its organizational structure and routines to changing circumstances. This means that a firm with strong core competencies can respond quickly to new opportunities and challenges, and thereby maintain its competitive position.

In Prahalad and Hamel's Model,it Is Possible for a Firm