The Capabilities and Core Competencies That Zara Has Developed in the Execution

question 55

Multiple Choice

The capabilities and core competencies that Zara has developed in the execution of its strategy, i.e. rapid production processes and new apparel introductions, are NOT concerned with

• A)bundles of skills and know-how that grew out of the combined efforts of Zara's cross-functional work groups and departments performing complementary activities at different locations in a firm's value chain.
• B)evolving changes in customer needs and competitive conditions that often required tweaking and adjusting Zara's portfolio of competencies and intellectual capital to keep its capabilities freshly honed and on the cutting edge.
• C)acts to bolster skills that contributed to Zara's earlier successes, or acts to respond to customer problems, new technological or market opportunities, and the competitive maneuvers of rivals.
• D)cost-effectively hiring a cadre of people with the right talent and expertise, putting them together in a single work group, and then teaming the work group with Zara's key strategic allies/partners to mesh the skills, expertise, and competencies needed to perform the desired capabilities with some proficiency.
• E)leveraging Zara's core competence into a distinctive competence (or transforming a capability into a competitively superior capability), by concentrating more effort and talent than rivals on deepening and strengthening the competence or capability so as to achieve the dominance needed for competitive advantage.

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Definitions:

Meanings

The significance, definition, or interpretation of words, symbols, or other forms of communication.

Ascites

The accumulation of fluid in the peritoneal cavity, causing abdominal swelling, often due to liver disease or cancer.

Percussion Findings

Clinical observations made by tapping on a patient's body surface to diagnose conditions within the body, often involving the chest or abdomen.

Dullness

In medical percussion, a sound indicative of increased density in body tissues, often associated with fluid accumulation or underlying organs, as opposed to resonance typical of air-filled spaces.