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In Prahalad and Hamel's Model,it Is Possible for a Firm

question 12

True/False

In Prahalad and Hamel's model,it is possible for a firm to develop core competencies to a set of abilities that enable it to quickly reconfigure its organizational structure and routines in response to new opportunities.


Definitions:

Sibling Rivalry

A type of competition or animosity among siblings, whether blood-related or not, often for parental attention, love, or recognition.

Middle Age

A period of adult life typically ranging from about 45 to 65, often characterized by stability in career and relationships, but also challenges such as health issues and caregiving responsibilities.

Middle-Aged

This term refers to the period in a person's life typically ranging from about 45 to 65 years old, characterized by both physical and psychological changes.

Emotional Support

The provision of empathy, concern, affection, and encouragement to someone, especially during times of stress or difficulty.

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