Managing Capabilities Is Harder Than Managing Resources Because

question 60

Multiple Choice

Managing capabilities is harder than managing resources because:

• A)We know much more about resources
• B)We know little about resources
• C)Firms are frightened to explore their own capabilities
• D)Top managers are not interested in a topic considered "theoretical" and not actionable

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Definitions:

Rigid and Reactive

Describes a tendency or approach in organizations to be inflexible and to respond rather than anticipate change.

People

The human resources of an organization.

Change

The transformation or modification of an organization and/or its stakeholders.

Diagnostic Activities

Tasks or processes undertaken to identify problems, analyze causes, and determine solutions in various contexts.