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Management · Q328

Strategic Management

Graduate and Post Graduate · Management · question 328

Q328

The competencies or skills that a firm employs to transform inputs into outputs are:

A.
tangible resources
B.
intangible resources
C.
organizational capabilities
Answer
D.
reputational resources

Answer: Option C

Solution

Answer: Option C
Solution:
The competencies or skills that a firm employs to transform inputs into outputs are organizational capabilities. An organizational capability is a company's ability to manage resources, such as employees, effectively to gain an advantage over competitors. The company's organizational capabilities must focus on the business's ability to meet customer demand.