A Dynamic Capability Is Defined as the Firm's Ability to Integrate

question 83

True/False

A dynamic capability is defined as the firm's ability to integrate, build, and reconfigure internal and external competencies to address a rapidly changing competitive environment.

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Definitions:

Task Difficulty

The complexity or challenge level of a task, which can influence the effort and approach required to successfully complete it.

Confederate

in psychological experiments, refers to an individual who is part of the research team but is presented as a participant to manipulate social interactions.

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms or societal standards.

Group

Refers to a number of individuals gathered together, often with common interests or objectives, interacting and functioning as a collective unit.