Which of the Following Statements About Developing Organizational Competencies and Capabilities

question 38

Multiple Choice

Which of the following statements about developing organizational competencies and capabilities is false?

• A) 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.
• B) 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.
• C) Normally,core competencies and competitive capabilities emerge incrementally as a company (1)acts to bolster skills that contributed to earlier successes,or (2)acts to respond to customer problems,new technological or market opportunities,and the competitive maneuvers of rivals.
• D) Building organizational capabilities is best and most cost-effectively accomplished by hiring a cadre of people with the right talent and expertise,putting them together in a single work group,and then teaming the work group with key strategic allies/partners to mesh the skills,expertise,and competencies needed to perform the desired capabilities with some proficiency.
• E) 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.

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Definitions:

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a specific time period.

Actual Value

The actual value is the genuine, intrinsic value of an asset, without any speculation or market influence; often considered the most accurate value of an asset.

Time Value

The idea that money available now is worth more than the same amount in the future due to its earning potential.

Intrinsic Value

The actual value of a company or an asset based on underlying perception of its true value including all aspects of the business.