A Dynamic Capability Is the

question 84

Multiple Choice

A dynamic capability is the

• A)ongoing capacity to modify existing resources and capabilities to create new ones.
• B)improvement evaluation process for eliminating waste in the firm.
• C)functional and operating resources management process.
• D)ongoing capability to understand and establish a commitment to resource alignment.
• E)improvement evaluation process for repurposing waste in the firm.

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Definitions:

Fixed Costs

Expenses that do not change with the level of goods or services a business produces, such as rent, salaries, and loan payments.

Pen Rentals

The service of lending pens, typically for temporary use, possibly related to specific events or locations where writing instruments are required.

Monthly Profit

The net income achieved by a business over the course of a single calendar month after all expenses have been deducted from total revenue.

Self-Propelled

Refers to machines or vehicles that are equipped with their own means of propulsion, allowing them to move without external assistance.