Question $3$

$0\mathrm{.}5$ pts

The difference between a core competence and a dynamic capability is that

a core competence usually resides in a company's base of intellectual capital, whereas a dynamic capability stems from the superiority of a company's physical assets $($e$.$g$.,$ equipments and factories$)$

a dynamic capability is the ability to modify, deepen, or reconfigure the company's existing resources, whereas a core competence is resources that are unique $($e$.$g$.,$ advanced technology$)$ compared to the competitors

a dynamic capability is ongoing capacity to modify existing resources to create values, while a core competence refers to the resources and capabilities that comprise the strategic advantages of a company

a dynamic capability refers to a company's strongest resource or competitive capability, whereas a core competence refers to a company's lowest$-$cost and most efficiently executed value$-$chain activity