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:

Restrictive Covenant

A clause in a contract or deed that restricts the actions that the parties to the contract can perform.

Adjoining Landowner

A person or entity that owns land sharing a boundary with a specific piece of property.

Fee Simple

A legal term referring to the most comprehensive ownership in real estate, which gives the holder full possessory rights and obligations indefinitely.

Crown Patent

A legal document issued by a sovereign government granting rights or land to an individual or entity, historically used to transfer public lands into private ownership.