A music distributor that decides to launch a proprietary music streaming service to respond to changes in music consumption trends exhibits dynamic capabilities.

Answer the following statement true (T) or false (F)


True

Dynamic capabilities allow a firm to change its internal resources and capabilities to adapt to changes in the external environment.

Business

You might also like to view...

Which of the following items is reported only in current and future periods?

a. Prior period adjustment b. Change in accounting principle c. Change in estimate d. Effects of changing prices

Business

The future value of a current investment earning a positive rate of return is always greater than the present value of the investment

Indicate whether this statement is true or false.

Business

Taking a lunch break and getting a drink of water are examples of a ________ need.

A. Maslowian B. sociological C. physiological D. psychological

Business

If events A and B have nonzero probabilities, then they can be both independent and mutually exclusive

a. True b. False Indicate whether the statement is true or false

Business