Developing Dynamic Capabilities Is Not the Only Avenue Providing Firms

question 41

True/False

Developing dynamic capabilities is not the only avenue providing firms with the ability to reconfigure their knowledge and activities to achieve a sustainable competitive advantage.

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Definitions:

CEO Activism

CEOs and company leaders taking public positions on political and social issues on a local, national or global basis.

Racial Tensions

Strain and conflict in relationships between different ethnic groups within a society, often stemming from social, economic, and political inequalities.

Cultural Intelligence

The need for company leaders to recognize and comprehend different beliefs, practices, attitudes, and behaviors of a group or market area and then apply that cultural knowledge to attain goals.

Beliefs

Fundamental convictions or principles that guide an individual's or group's behavior and decision-making process.