A dynamic capability is always:
A) central to retaining customers
B) found in capacity expansion decisions
C) important for establishing property rights
D) located in activities where key innovations occur

Question

Quizplus · Accepted Answer

Dynamic capabilities refer to a firm's ability to integrate, build, and reconfigure internal and external competencies to address rapidly changing environments. This is often most evident in activities where key innovations occur, as these capabilities enable firms to adapt and renew their competitive advantage in the face of changing circumstances and challenges. Choices A, B, and C are too specific and do not capture the broad applicability and purpose of dynamic capabilities across various contexts.

A Dynamic Capability Is Always