Multinational Enterprises (MNEs) must develop "dynamic capabilities" to sustain a competitive advantage.

Question

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Dynamic capabilities refer to a company's ability to adapt to changing market conditions and to innovate in order to maintain a competitive advantage. This is especially important for MNEs, which operate in multiple countries with varying economic, political, and social environments. Without dynamic capabilities, MNEs risk falling behind their competitors and losing market share.

Multinational Enterprises (MNEs) Must Develop "Dynamic Capabilities" to Sustain a Competitive