Capabilities are more likely source of competitive advantage, especially relatively sustainable ones. A key reason for this is that the organization's nurturing and support of core competencies that are based on capabilities is less visible to rival and as such is harder to understand adn imitate. Only when a capability is Valuable,Rare,Costly to imitate and Non-Substitutable is a core competence and is a source of competitive advantages.
Some examples of organizational capabilities include effective communication, strategic decision-making, efficient use of resources, innovative problem-solving, and strong leadership. These capabilities enable an organization to adapt to changes, seize opportunities, and achieve its goals effectively.
Answer:- Management and organizational behavior is concerned with the formulation of corporate strategic policy. Operations Management is concerned with the operations strategy, which specifies how the firm will employ its production capabilities to support its corporate strategy
Capabilities are more likely source of competitive advantage, especially relatively sustainable ones. A key reason for this is that the organization's nurturing and support of core competencies that are based on capabilities is less visible to rival and as such is harder to understand adn imitate. Only when a capability is Valuable,Rare,Costly to imitate and Non-Substitutable is a core competence and is a source of competitive advantages.
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manufacturing capabilities
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