_____ Describes a Firm's Ability to Create,deploy,modify,reconfigure,upgrade,or Leverage Its Resources

question 17

Multiple Choice

_____ describes a firm's ability to create,deploy,modify,reconfigure,upgrade,or leverage its resources over time in its quest for competitive advantage.

• A) Dynamic capability
• B) Resource immobility
• C) Resource heterogeneity
• D) Time compressed diseconomy

Understand how power is distributed and exercised within organizations, including through institutionalization and subunit influence.

Assess the importance of expertise and information control in enhancing an individual's power base.

Explore the ethical implications and potential consequences of power usage in organizations.

Understand the dynamic nature of power in organizations and its ability to change over time.

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Definitions:

Synergies

The combined benefits achieved when two or more entities work together, leading to greater efficiency or productivity than they would separately.

Acquisition

The process of acquiring control of another company or business entity through purchase or merger.

Profitable

Generating income that exceeds the costs and expenses involved in operating, indicating financial success and viability.

Vertical Contracts

Agreements between firms at different levels in the supply chain, such as between a manufacturer and a retailer, often specifying terms of sale or supply.