A Dynamic Capability Is the

question 91

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 rival commitment to resource alignment.
• E) most compelling product or service a firm.

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Definitions:

Nonquantifiable Economic Events

Economic activities or occurrences that cannot be precisely measured or valued in numerical terms.

Financial Reports

Documents that communicate an organization's financial status to stakeholders, including income statements, balance sheets, and cash flow statements.

Special Memos

Documents used within an organization to communicate unique or unusual transactional information that doesn't fit the regular documentation processes.

External Users

Individuals or entities outside of a company who have an interest in the financial information of that company, such as investors, creditors, and regulatory agencies.