Enterprise Machinists is always improving upon its core competencies by training its machinists constantly so that they are equipped to deal with technological changes and advancements. Based on this information, this is an example of which concept

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Enterprise Machinists is always improving upon its core competencies by training its machinists constantly so that they are equipped to deal with technological changes and advancements. Based on this information, this is an example of which concept

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TUNDEXIGO TUNDEXIGO · Answer 1

The concept of Dynamic capabilities is used by the firm to improve its core competencies.

What is the concept of Dynamic capabilities?

This entails a firm ability to integrate and build its competencies to address rapidly changing environments.

Hence, as the firm trains its machinists constantly so that they are equipped to deal with technological advancements, it is adhering to concept of Dynamic capabilities.

Read more about Dynamic capabilities

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