In order to develop a world-class capability,a company should first
A)strive to win market share for specific products.
B)purchase more capital assets to improve profits.
C)hire more people in anticipation of economic downturns.
D)commit to excellence and leadership in capabilities.
E)be maintaining and growing the stock price.

Question

Quizplus · Accepted Answer

To develop a world-class capability, a company must commit to excellence and leadership in capabilities. This means that the company must prioritize investing in its employees, technology, and other resources to create a sustainable competitive advantage. Winning market share for specific products, purchasing more capital assets, hiring more people, and maintaining and growing the stock price may be important goals for a company, but they alone will not necessarily lead to the development of a world-class capability.

In Order to Develop a World-Class Capability,a Company Should First