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Which of the Following Statements Fails to Bring Out the Essence

Question 62

Multiple Choice

Which of the following statements fails to bring out the essence of the dynamic capabilities perspective?


A) A firm's competitive advantage is derived from static resource or market advantages.
B) A firm must be able to change its resource base as the external environment changes in order to sustain its competitive advantage.
C) A firm should modify its core competencies to effectively compete in dynamic markets.
D) A firm's external environment is rarely stable, and in many industries, change is fast and ferocious.

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