What is NOT part of the process of upgrading core competencies and competitive capabilities?
A) Core competencies can be leveraged into competitive advantage by concentrating sufficient effort and talent on deepening and strengthening them so that the firm achieves dominating depth and gains the capability to outperform rivals by a meaningful margin.
B) Core competencies have to be tweaked and adjusted to keep them fresh and responsive to changing customer needs and market conditions.
C) Core competencies typically are lodged in the combined efforts of different work groups and departments.
D) Core competencies generally grow out of company efforts to master a strategy-critical technology or to invent and patent a valuable technology.
E) Core competencies tend to emerge gradually rather than blossom quickly.
Correct Answer:
Verified
Q42: Managerial actions to develop core competencies and
Q43: Imagine you have been asked to present
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
Q48: Core competencies and competitive capabilities are usually
A)lodged
Q49: Firms generally leverage the expertise of their
Q50: Which of the following statements is NOT
Q51: The most common approaches to capability building
Q52: Accessing capabilities through an external source can
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