The concept of strategic capabilities means those resources and competencies of
ID: 373127 • Letter: T
Question
The concept of strategic capabilities means those resources and competencies of an organization which determine its long term and sustainable success and future. Resources and Competencies are one of the essentials for a sustained competitive advantage as these are what differentiate one organization from the another. Other things can be replicated, copied and acquired quickly while resources and competencies takes time to develop or acquire over time through a systematic approach and with a long term view of the business landscape of the future. It is like making an investment which grows with time and provides a better return on your investment over the years.
Explanation / Answer
To what extent do you think physical, Financial & Human strategic
capabilities (resources and competencies) will be the basis of sustained
competitive advantage for the health organisation? Explain your reasoning.
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