_____ Are Processes in Which a Firm Integrates or Upgrades

question 154

Multiple Choice

_____ are processes in which a firm integrates or upgrades resources and capabilities in order to strategically respond to environmental changes.

• A) distinctive competencies
• B) tradeoffs
• C) core capabilities
• D) dynamic capabilities

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Definitions:

Basic Structure

The fundamental organization or framework of a system, theory, or concept.

Totality

Refers to the whole of something or a situation being considered in its entirety.

Rawls

A philosopher known for his theory of justice as fairness, emphasizing the principles that society should be structured under.

Veil of Ignorance

Concept from Rawls’ "A Theory of Justice" suggesting decision-makers should make societal rules as if they were ignorant of their own status in society to ensure fairness.