Question: When a company's core competency becomes obsolete due to technological advancements, it should: C ) Analyze market trends and adapt or evolve its competencies accordingly.

When a company's core competency becomes obsolete due to technological advancements, it should:
C) Analyze market trends and adapt or evolve its competencies accordingly.
B) Quickly develop a new competency in a completely unrelated field.
D) Outsource all operations related to the obsolete competency.
A) Continue to focus on the old competency regardless of market changes:
When a company's core competency becomes obsolete due to technological advancements,

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

When a company's core competency becomes obsolete due to technological advancements, it should: C ) Analyze market trends and adapt or evolve its competencies accordingly. B ) Quickly develop a new...

Q:

When a company's core competency becomes obsolete due to technological advancements, it should: B ) Quickly develop a new competency in a completely unrelated field. D ) Outsource all operations...

Q:

Case Assessment Read case abstract: Blackboard Weekly Sessions/Case Assessment folder Format & Structure: Conduct a 5-7-page case analysis. Times New Roman or Cambria font is required, and it is a...

Q:

Individual Case Analysis Four cases are available from Harvard (see first : Case pack of 4 cases available at: http://cb.hbsp.harvard.edu/cbmp/access/49960103 ). Answer each of these questions in...

Q:

Create a high-level action plan demonstrating the changes that will be made at EKT over the next 18-24 months. PLEASE Create a comprehensive action plan outlining specific tasks, timelines, and...

Q:

Case 6 Souq.com and the Battle for the Future of E-Commerce in the MENA Region This case was written by Koti Vinod Babu, under the direction of Debapratim Purkayastha, IBS Hyderabad.1 "The walls are...

Q:

Need help with these accounting questions, thank you! ACCT525 Week 7 Assignment Read CPA Horizons 2025 found in the DeVry online library. In the document, 10 themes emerged that give insight into how...

Q:

Future of the Autonomous Automobile: A strategy for BMW Read Case... Future of the Autonomous Automobile: A strategy for BMW Read Case study #3 on BMW in the appendix section of your text C-44 and...

Q:

Int. J. of Human Resource Management 16:9 September 2005 1583- 1599 Global virtual teams: a human resource capital architecture Michael Harvey, Milorad M. Novicevic and Garry Garrison Abstract As...

Q:

Strategic Management Frank Rothaermel,6eRelease: 6th Edition Please include a word count of your post (excluding citations and references), no matter whether it is an initial post or a reply, at the...

Q:

you are given the following information for Lorelei Motorwerke. Note: 300,000 means 300,000 euros. a. Calculate Lorelei?s company cost of capital. Ignore taxes. b. How would r equity and the cost of...

Q:

The Simcoe School Board has three invoices from Johnston Transport, all with terms 2/10, 1/20, n/60. Invoice 277, dated October 22, is for $14,200; Invoice 327, dated November 2, is for $8600; and...

Q:

miamiohinstructure com Gur cin 3 0 2 Tenes Question 1 3 pts The primary disadvantage of obtaining funds from "Angel livestors" is that the money has to be repaid. True Fise Question 2 3 pts Companies...

Q:

Please show all steps The expected return and standard deviation of a portfolio that is 40 percent invested in 3 Doors. Inc., and 60 percent invested in Down Co. are the following: What is the...