Imagine you have been asked to present a strategy implementation plan to the top management of Didrickson, a Swedish multidomestic manufacturer and marketer of outdoor activewear. Your presentation would NOT likely include which implementation option as a means of building and strengthening its competitively valuable resources and capabilities?
A) Didrickson needs to engage in experience-building activities such as collaborative efforts in R&D engineering and design
B) Didrickson needs to shift from decentralized to centralized decision-making so as to give senior executives more authority and control in driving cultural change
C) Didrickson needs to acquire capabilities through mergers and acquisitions
D) Didrickson needs to enter into collaborative partnerships with suppliers, competitors, or other companies that possess needed expertise.
E) Didrickson needs to select and assemble a team of people with the requisite skills and experience, upgrading or expanding individual abilities as needed, and then molding the efforts of individuals into a collaborative effort to create an organizational ability.
Correct Answer:
Verified
Q38: An initial step that companies typically take
Q39: Facebook has hired you to manage its
Q40: Glassdoor is a California-based social media company
Q41: What is the advantage of acquiring capabilities
Q42: Managerial actions to develop core competencies and
Q44: The capability building process entails
A)developing the ability
Q45: Sometimes a company can short-circuit the task
Q46: Good strategy execution requires which of the
Q47: What is NOT part of the process
Q48: Core competencies and competitive capabilities are usually
A)lodged
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents