Question

Which of the following is not accurate as concerns a company's competencies and capabilities?

A. Competencies and capabilities that grow stale can impair competitiveness unless they are refreshed, modified or even phased out and replaced in response to ongoing market changes and shifts in company strategy
B. Core competencies have to be tweaked and adjusted to keep them fresh and responsive to changing customer needs and market conditions
C. The imperatives of keeping capabilities in step with ongoing strategy and market changes make it appropriate to view a company as a bundle of evolving competencies and capabilities
D. Even after core competencies and competitive capabilities are in place and functioning, company managers can't relax—they still have wrestle with when and how to recalibrate existing competencies and capabilities and when and how to develop new ones
E. When a company succeeds in hiring talented employees and training them properly, competencies and capabilities tend to blossom quickly and, once put in place, can last for a decade or more

Answer 1

Option E is not accurate as competencies and capabilities require ongoing changes and adjustments in response to market dynamics and shifts in company strategy.

Step-by-step explanation:

The statement that is not accurate concerning a company's competencies and capabilities is option E: When a company succeeds in hiring talented employees and training them properly, competencies and capabilities tend to blossom quickly and, once put in place, can last for a decade or more.

This statement is not accurate because competencies and capabilities are not guaranteed to last for a long time without any changes or adjustments. In a dynamic business environment, market changes, shifts in company strategy, and evolving customer needs require companies to continuously refresh, modify, and sometimes even phase out and replace their competencies and capabilities.

For example, a company may need to develop new competencies and capabilities to keep up with advancing technologies or to enter new markets. Additionally, customer preferences and market dynamics may change over time, requiring companies to adjust their core competencies to stay competitive.