Dynamic capabilities refer to:
a) the firm's ability to integrate, build, and reconfigure internal and external
competences to address rapidly changing environments.
b) the link between subsidiary resource and multinational firm's competitive
advantage in global markets.
c) the firm's dynamic capability to find resources that are valuable, rare,
difficult to imitate and can be exploited by the organization.
d) the combination of individual technologies and production skills that
underlie a company's multiple production lines and critically underpin the
firm's competitive advantage

1 Answer

Answer :

the firm's ability to integrate, build, and reconfigure internal and external
competences to address rapidly changing environments.

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