Managerial Actions to Develop Core Competencies and Competitive Capabilities Internally

question 52

Multiple Choice

Managerial actions to develop core competencies and competitive capabilities internally generally take one of two forms.What are they?

• A) Either strengthening the company's base of skills,knowledge,and experience or coordinating and integrating the efforts of various work groups and departments.
• B) Either putting in high incentive bonuses to reward individual employees who train hard to develop the desired capability or launching an extensive training effort to develop the capability quickly with newly hired employees.
• C) Either using benchmarking and the adoption of best practices to imitate a capability that rivals have already developed or empowering a team of employees to develop the capability however they best fit.
• D) Either using developed dynamic capabilities or acquiring the capability from outside sources.
• E) All of these.

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Definitions:

Tomography

An imaging technique that creates a detailed cross-sectional image of the body, used in various medical fields.

Radioactive Isotope

An isotope of an element that decays over time, releasing radiation.

Tracing

A process or technique used to investigate and follow the course or progression of something, often used in contexts such as data analysis, drawing, or medical diagnostic processes.

Tagging

The process of adding identifiers such as tags or labels to something for the purpose of identification or tracking.