Dynamic capabilities include easy-to-replicate enterprise capabilities required to adapt to changing customer and technological opportunities.

Question

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Dynamic capabilities refer to a firm's ability to integrate, build, and reconfigure internal and external competencies to address rapidly changing environments. They are not easy-to-replicate capabilities, as they are developed over time through a firm's experiences, learning, and investments in resources and capabilities.

Dynamic Capabilities Include Easy-To-Replicate Enterprise Capabilities Required to Adapt to Changing