Which of the Following Are Traits of the Capability-Building Process

question 51

Multiple Choice

Which of the following are traits of the capability-building process?

• A) Evolving changes in customer needs and competitive conditions 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 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 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) is concentrating more effort and talent than rivals on deepening and strengthening the competence or capability so as to achieve the dominance needed for competitive advantage.
• E) All of these.

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Definitions:

High Qualities

Attributes or characteristics signifying superior standards, excellence, or merit in objects, processes, or individuals.

Dual-career Partnership

A relationship where both partners maintain their own professional careers, balancing work and personal life.

Stress

A physical or psychological response to internal or external pressures or challenges.

Strains

Refers to the physical or psychological stress and pressure that can arise from challenging or adverse conditions, often leading to negative health outcomes.