Podcast
Questions and Answers
What are the components of strategic capabilities as described in the text?
What are the components of strategic capabilities as described in the text?
- Dynamic and ordinary capabilities
- Sensing and seizing capabilities
- Resources and competencies (correct)
- R&D and market research
Which type of capabilities are means by which an organization has the ability to recreate and renew strategic capabilities to meet the needs in a changing environment?
Which type of capabilities are means by which an organization has the ability to recreate and renew strategic capabilities to meet the needs in a changing environment?
- R&D capabilities
- Dynamic capabilities (correct)
- Seizing capabilities
- Sensing capabilities
Which activity involves constantly scanning and exploring new opportunities across markets and technologies?
Which activity involves constantly scanning and exploring new opportunities across markets and technologies?
- R&D
- Joint ventures and acquisition
- Seizing capabilities
- Sensing capabilities (correct)
What does seizing capabilities involve?
What does seizing capabilities involve?
What are the generic dynamic capabilities described in the text?
What are the generic dynamic capabilities described in the text?
What are the specific examples of dynamic capabilities provided in the text?
What are the specific examples of dynamic capabilities provided in the text?
What are distinctive capabilities or unique capabilities?
What are distinctive capabilities or unique capabilities?
What is the difference between 'explicit' knowledge and 'tacit' knowledge?
What is the difference between 'explicit' knowledge and 'tacit' knowledge?
What does benchmarking mean?
What does benchmarking mean?
What are threshold capabilities?
What are threshold capabilities?
What are core competences?
What are core competences?
What is organization knowledge?
What is organization knowledge?
What is best in class benchmarking?
What is best in class benchmarking?
What are the characteristics of tacit knowledge?
What are the characteristics of tacit knowledge?
What is explicit knowledge?
What is explicit knowledge?
What can core competencies deliver?
What can core competencies deliver?