Critically discuss the following statement An enterprise with strong dynamic capabilities will be able to profitably build and renew resources and respond to changes in the market

Critically discuss the following statement An enterprise with strong dynamic capabilities will be able to profitably build and renew resources and respond to changes in the market

2. a) Critically discuss the following statement: “An enterprise with strong dynamic capabilities will be able to profitably build and renew resources, assets, and ordinary capabilities, reconfiguring them as needed to innovate and respond to (or bring about) changes in the market” (Teece 2018).
b)  Identify a strategic business unit (SBU) from a global company you might want to work for (for instance, Huawei, Tesla, Airbnb, Unilever etc.). Using the VRIO framework, and support from wider reading, critically evaluate a capability of this SBU that gives them the potential to realise sustained competitive advantage.

Answer preview for Critically discuss the following statement An enterprise with strong dynamic capabilities will be able to profitably build and renew resources and respond to changes in the market

Critically discuss the following statement An enterprise with strong dynamic capabilities will be able to profitably build and renew resources and respond to changes in the market

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