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indow Help Chapter 4 Quiz Question 7 Which of the following statements about a c

ID: 434892 • Letter: I

Question

indow Help Chapter 4 Quiz Question 7 Which of the following statements about a company's resources and capabilities is false? o Diligent managerial attention to sharpening and recalibrating company competencies and O A company requires a dynamically evolving portfolio of competitively valuable resources and capabilities protects a company's long-term competitiveness against the improving capabilities of rivals and their strategic maneuvering to win bigger sales and market shares. capabilities to sustain its competitiveness and help drive improvements in its performance- otherwise, the power of its competitive assets grow stale Companies in the top tier of their industry typically have at least two and sometimes as many as four distinctive competencies, plus a management team that has proven periodically freshen and renew the company's resource portfolio. dynamic capability to o When a company's executive management team achieves proficient dynamic capability to augment the company's resources and competitive capabilities, the modify, deepen, and company's competitiveness in the marketplace is significantly enhanced For a company's important resources and capabilities to remain competitively valuable over time, they must be continually polished, updated, and sometimes augmented with altogether new kinds of resources and expertise. Copying, redistributing, or website posting is expressly prohibited and consttutes copyright violation Copyright C 201 8 by Go-Bus Software, Inc. Next

Explanation / Answer

Ans: 4th point (When a company's executive management team achieves proficient dynamic capability to modify, design and augment the company's resources, .......)

Reason - The company's competitiveness is not enhanced when executive management team alone achieves dynamic capability. They must implement the capability and pass on the same to other employees who are in strategic position to achieve results as desired