A Capability Is Said to Be Rare If It Enables

question 112

True/False

A capability is said to be rare if it enables a firm to fend off threats in its environment.

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Definitions:

Issues Management

The proactive process of identifying, evaluating, and responding to potential issues or opportunities that could impact an organization, aiming to prevent them from escalating into crises.

Emerging Trends

New patterns or developments in behavior, technology, culture, or markets that have the potential to significantly impact society or industry.

Digital Factor

Elements or aspects related to digital technology that influence or determine outcomes in various contexts, such as business, communication, or consumer behavior.

Precrisis Stage

The phase prior to a crisis where signs and risks can be identified, allowing organizations to potentially prevent the crisis or reduce its impact through early intervention.