Dynamic capabilities are the abilities of an organization to adapt and renew its competencies in accordance with a changing business environment.

Name: Dynamic capabilities are the abilities of an organization to adapt and renew its competencies in accordance with a changing business environment.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Dynamic capabilities refer to the ability of an organization to adapt to a changing business environment and renew its competencies to remain competitive. Therefore, the given statement is true.

Dynamic Capabilities Are the Abilities of an Organization to Adapt