When a Company Has Become Proficient in Modifying,upgrading,or Deepening the Company's

question 21

Multiple Choice

When a company has become proficient in modifying,upgrading,or deepening the company's resources and capabilities in response to its changing environment and market opportunities,it is called

• A) a dynamic capability.
• B) a core competence.
• C) a distinct competence.
• D) a strategic assessment.
• E) None of these choices are correct.

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Definitions:

Acceptable Value

The level of benefit or quality deemed satisfactory by a user or customer for a product or service.

Function

Represents the intended purpose or role that something is designed or expected to perform.

Supply Chain Risk

The potential loss resulting from variations in supply chain processes, which includes procurement, manufacturing, distribution, and logistics risks.

Reputational

Pertains to the perception or estimation in which an individual or entity is held by the public or a specific group, impacting its standing and potential success.