The ability to leverage and develop more from the organisation's existing assets,capabilities and core competencies in a way that will provide a sustained competitive advantage is known as a:
A) relative strength
B) dynamic capability
C) cost leadership advantage
D) opportunity
E) None of these choices.

Question

Quizplus · Accepted Answer

The ability to leverage and develop more from the organisation's existing assets, capabilities and core competencies in a way that will provide a sustained competitive advantage is known as dynamic capability. Dynamic capability refers to an organisation's ability to adapt and innovate in response to changes in its environment. It involves developing new resources and capabilities while leveraging existing ones, which allows an organisation to maintain a competitive advantage over time.

The Ability to Leverage and Develop More from the Organisation's