Question: 1. Various authors view dynamic capabilities as a higher order of resource. The reason for this is that dynamic strategies strive to develop new distinctive

1. Various authors view dynamic capabilities as a higher order of resource. The reason for this is that dynamic strategies strive to develop new distinctive capabilities rather than focusing only on what the organisation can do well.

Considering the statement above, explain the concept of the capability life cycle (CLC) and how it builds on the idea of dynamic capabilities.

2. Analysis of the political-legal factors in the macro environment, should include an assessment of political-legal risk. Identify six political-legal risks that management should be aware of.

3. Technological change has become pervasive and can be both creative and disruptive. Provide four examples of recent technological developments with vast commercial potential.

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