Question: Apple is an example of a company whose dynamic capabilities have enabled it to evolve with rapid change and to succeed in dynamic competitive environments.

Apple is an example of a company whose dynamic capabilities have enabled it to evolve with rapid change and to succeed in dynamic competitive environments.

Use the case of Apple to illustrate the micro-foundations (that is, organizational and managerial processes, procedures, and structures) that underpin the dynamic capabilities of sensing, seizing and transforming as discussed in the corresponding lecture and in Teece, D.J., 2007. Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance. Strategic management journal, 28(13), pp.1319-1350.

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