The Traits of the Capability Building Process Involve Which of the Following

question 99

Multiple Choice

The traits of the capability building process involve which of the following?

• A) Evolving changes in customer needs and competitive conditions that often require tweaking and adjusting a company's portfolio of competencies and intellectual capital to keep its capabilities freshly honed and on the cutting edge.
• B) Normally,a core competence or capability that emerges incrementally out of company efforts either to bolster skills that contributed to earlier successes or to respond to customer problems,new technological and market opportunities,and the competitive maneuverings of rivals.
• C) Core competencies or capabilities that are most often bundles of skills and know-how that grow out of the combined efforts of cross-functional work groups and departments performing complementary activities at different locations in a firm's value chain.
• D) The key to leveraging a core competence into a distinctive competence (or transforming a capability into a competitively superior capability),which concerns concentrating more effort and talent than rivals on deepening and strengthening a competence or capability so as to achieve the dominance needed for competitive advantage.
• E) All of these.

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Definitions:

Tooth Decay

The destruction of tooth enamel leading to cavities, influenced by factors like bacteria, sugary diets, and poor dental hygiene.

Consumer Surplus

Consumer surplus is the difference between what consumers are willing to pay for a good or service and what they actually pay, representing a measure of consumer benefit.

Producer Surplus

The additional income producers receive when they sell a product for more than the minimum they would have been willing to sell it for.

Complementary Goods

Products or services that are typically consumed together, where a decrease in the price of one leads to an increase in demand for the other.