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.

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Definitions:

Real GDP

Real GDP represents the total value of all goods and services produced over a specific time period, adjusted for inflation. It provides a more accurate measure of economic growth.

Price Level

A measure of the average of all prices in an economy, indicating the cost of goods and services at a specific time.

Interest Rate

A percentage of a loan amount charged by the lender to the borrower for the use of money.

Money Supply

The grand total of all economic assets measured in currency available at a specific time in an economy, which covers coins, banknotes, and the balances in checking and savings accounts.