The first step of capability management is:
A)To identify the key resources and capabilities
B)To assess a firm's strengths and weaknesses
C)To assess resources and capability of importance in regards to a firm's rivals and its corporate governance
D)A fiction because it is an iterative process with no specific first step.

Question

Quizplus · Accepted Answer

The first step of capability management is to identify the key resources and capabilities. This allows a firm to understand its strengths and weaknesses and to build a competitive advantage. While the other options are also important in the capability management process, they are not the first step.

The First Step of Capability Management Is