All of the Following Are True Concerning the Importance of Dynamic

question 77

Multiple Choice

All of the following are true concerning the importance of dynamic capabilities to a firm EXCEPT:

• A) A firm is unable to create rare resources unless it is dynamic.
• B) The firm must be able to change its resource base and activity systems when the external environment changes.
• C) The firm must be able to modify, upgrade and reconfigure its resources as needed.
• D) Possessing dynamic resource capabilities helps the firm to sustain competitive advantage(s) over time.

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Definitions:

Morels

A type of edible wild mushroom known for its honeycomb appearance, found in wooded areas in the spring.

Chytridiomycota

A phylum of fungi known for their motile spores, implicated in global amphibian declines due to a disease they cause.

Ascomycota

A division of fungi characterized by the formation of spores in a sac-like structure called an ascus.

Aquatic

Pertaining to water; living in or relating to water bodies, either freshwater or marine environments.