Which of the Following Terms Best Describes the Ability of a Firm

question 9

Multiple Choice

Which of the following terms best describes the ability of a firm to maintain and adapt the capabilities that are the basis of its competitive advantage?

• A)Riskiness of R&D
• B)Correlated research strategies
• C)Evolutionary economics
• D)Dynamic efficiency
• E)Dynamic capabilities

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Definitions:

Root Hairs

Thin, hair-like extensions from a root's epidermis that increase surface area for water and nutrient absorption.

Reproductive Structure

Any part of a plant or animal designed specifically for sexual or asexual reproduction, such as flowers or reproductive organs.

Shoot System

Aboveground portion of a plant consisting of the stem, leaves, and flowers.