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Based on the Dynamic Capabilities View, How Would You Say

question 7

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Based on the dynamic capabilities view, how would you say that industries in slow-moving industries differ from those in fast-moving, high-velocity industries?


Definitions:

Society

A group of individuals living together in a community or organized group, sharing common traditions, institutions, and values.

Hofstede's Framework

A model that describes national cultures according to several dimensions, including individualism vs. collectivism and power distance, offering insights into cultural differences.

Individualism-Collectivism

A cultural dimension that measures the degree to which individuals are integrated into groups, focusing on self-reliance versus group interdependence.

Meglino's Value Schema

A framework proposed by B.M. Meglino that outlines how personal values influence individuals' attitudes and behaviors in various contexts, including the workplace.

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