The ability to properly develop and build critical resources and capabilities is essential to any firm's continued health and longevity. In Chapter 10, the author provides a detailed narrative on three specific approaches to building and strengthening capabilities.

Three Approaches to Building and Strengthening Capabilities are:

• Developing Capabilities Internally
• Acquiring Capabilities through Mergers and Acquisitions
• Accessing Capabilities through Collaborative Partnerships

Q1: Pick one of the approaches and providing a brief overview, including two examples of firms choosing this technique?Note:These firms could be from any industry, domestic and/or international.

Reference: [Crafting & Executing Strategy: Concepts and Cases 22nd Edition, Ch. 10, p. 300 - 302]

Link to the textbook: https://www.coursehero.com/u/file/100563826/Crafting-and-Executing-Strategy-Concepts-22nd-Edition-Ch-10-BooxRackpdf