Question

When a company has become proficient in modifying, upgrading, or deepening the company's resources and capabilities in response to its changing environment and market opportunities, it is called a dynamic capability. core competence. distinct competence. strategic assessment. competitive strength matrix.

Answer 1

Dynamic capability

Step-by-step explanation:

Dynamic capability is a situation when a company has the ability to use all environmental factors effectively to meet the current changing world.

It is a situation where company has become proficient in modifying, upgrading, or deepening the company's resources and capabilities in response to its changing environment and market opportunities.

The firm uses both the internal and external factors to its benefit while suiting the changing environment.