What are some regularly used methods of capability building? - answer✔-Developing
capabilities within a company
-Establishing partnerships with other companies
-Merging with other companies
Managers can accelerate the process of capability building by ______. - answer✔developing
"stretch objectives"
What is involved in the first step to developing an organizational ability? - answer✔-Shaping the
work of individuals into a collaborative effort
-Identifying the right people to lead the process
What does developing an organizational capability into a tried-and-true competence require? -
answer✔-Maintaining appropriate levels of resource investment
-Mastering the ability through repetition and sustained time on task
Firms can become proficient at developing capabilities through ______. - answer✔regular
practice
When can be preferable to obtain new capabilities through a merger or an acquisition? -
answer✔-When market conditions are evolving quickly and the company needs fast capability
development to keep pace
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