The dynamic capabilities approach constitutes a development from which of the following:
A) resource-based view
B) porter's five forces
C) porter's diamond
D) porter's value chain

Question

Quizplus · Accepted Answer

The dynamic capabilities approach is an extension of the resource-based view (RBV) of the firm. While the RBV focuses on the firm's internal resources and capabilities, the dynamic capabilities approach expands this to include the firm's ability to adapt and develop new capabilities over time. Therefore, choice A is the best answer. The other choices - porter's five forces, porter's diamond, and porter's value chain - are frameworks for analyzing industries and firm strategies, but they are not directly related to the dynamic capabilities approach.

The Dynamic Capabilities Approach Constitutes a Development from Which of the Following