Outline how dynamic capabilities can enable a firm to sustain a competitive advantage. ¦ To…

Outline how dynamic capabilities can enable a firm to sustain a competitive advantage.

■ To sustain a competitive advantage, any fit between a firm’s internal strengths and the external environment must be dynamic.

■ Dynamic capabilities allow a firm to create, deploy, modify, reconfigure, or upgrade its resource base to gain and sustain competitive advantage in a constantly changing environment.

 

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