Dynamic Capabilities Are Higher Order Capabilities That Enable Companies to Renew

question 2

True/False

Dynamic capabilities are higher order capabilities that enable companies to renew their portfolio of capabilities to react to changing markets.

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Definitions:

High Performance

Exceptionally strong output or results from a person, group, system, or organization, often exceeding the standard expectations.

Leadership Principles

Fundamental guidelines that inform and shape the actions and behaviors of leaders in various contexts.

Rewarding Performance

Practices and policies designed to recognize and reward employees based on their job performance, aimed at motivating and retaining talent.

Effective Discipline

The implementation of strategies and measures to correct behavior and ensure rules and standards are maintained in an organization or individual practice.