Which of the Following Statements Is NOT Accurate with Respect

question 40

Multiple Choice

Which of the following statements is NOT accurate with respect to building a company's competencies and capabilities?

• A)Building new competencies and capabilities is a multistage process that occurs over a period of months and years.
• B)Core competencies have to be tweaked and adjusted to keep them fresh and responsive to changing customer needs and market conditions.
• C)As experience grows and company personnel learn how to perform the activities consistently well and at an acceptable cost, the ability evolves into a tried-and-true competence.
• D)It is generally much easier and less time-consuming to update and remodel a company's existing capabilities as external conditions and company strategy change than it is to create them from scratch.
• E)When a company succeeds in hiring talented employees and training them properly, competencies and capabilities tend to develop quickly and, once put in place, can last for a decade or more.

---

Definitions:

Escalation Behavior

The phenomenon where individuals or groups continue to invest in a decision despite evidence of its ineffectiveness or failure.

Decision-Making Effectiveness

this defines how well a person or group can make choices that lead to the desired outcome efficiently and effectively.

Group-To-Individual Transfer

The process by which knowledge, skills, or attitudes developed within a group setting are adopted by individual members.

Plurality

Refers to the condition when no candidate or proposition in an election receives a majority of the votes, but one receives more than any other.