Dynamic Capabilities

question 48

Multiple Choice

Dynamic capabilities

• A)are the capacity to learn new capabilities.
• B)can be acquired through 'reverse takeovers'.
• C)develop rapidly in some industries, then die.
• D)b and c.

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Definitions:

Problem-Strategy

An approach or plan of action designed to navigate challenges and find solutions.

Confirmation Bias

A tendency to search for information that supports our preconceptions and to ignore or distort contradictory evidence.

Framing Effect

A cognitive bias where people react differently to a particular choice or situation depending on how it is presented, or "framed."

Heuristics

Simplified strategies or mental shortcuts used to make decisions or solve problems quickly.