Which of the Following Is NOT Accurate as Concerns a Company's

question 9

Multiple Choice

Which of the following is NOT accurate as concerns a company's competencies and capabilities?

• A) Competencies and capabilities that grow stale can impair competitiveness unless they are refreshed,modified,or even phased out and replaced in response to ongoing market changes and shifts in company strategy.
• B) Core competencies have to be tweaked and adjusted to keep them fresh and responsive to changing customer needs and market conditions.
• C) The imperatives of keeping capabilities in step with ongoing strategy and market changes make it appropriate to view a company as a bundle of evolving competencies and capabilities.
• D) Even after core competencies and competitive capabilities are in place and functioning,company managers can't relax.They still have to wrestle with when and how to recalibrate existing competencies and capabilities and when and how to develop new ones.
• E) When a company succeeds in hiring talented employees and training them properly,competencies and capabilities tend to develop quickly and,once put in place,can last for a decade or more.

---

Definitions:

Financial Decisions

Choices made regarding the management, investment, and utilization of funds within an organization.

Behavioral Finance

A field of finance that proposes psychology-based theories to explain stock market anomalies.

Reasoning Errors

Mistakes in logical thinking or incorrect conclusions drawn from evidence or assumptions.

Financial Decisions

Decisions made by individuals or companies relating to managing money, including investment choices, budgeting, borrowing, and saving.