If it's acceptable to cut minor corners on a client deliverable to make sure a consulting team meets a deadline, for example, that could lead one to engage in more drastic misbehavior such as misrepresenting firm capabilities to ensure the consultancy secures a lucrative account.
Basic synergy-based mergers can weaken firm capabilities to respond to an uncertain environment (Shaver 2006).
Use value, and therefore value creation, has played only a subordinate role and become only relevant insofar as it affects firms' capabilities to capture value (Makadok and Coff 2002, p. 10).
In this case, standards' compliance depends on firm's capability to use relational and search assets, as well as on national and industrial efforts and policies to spread standards' usage.
Another theory is the one of dynamic capabilities, that is, the firm's capability to use its resources more adequately than others in a high turbulent environment.
Instead, competitive advantages arise from a family firm's capability to constantly redeploy, reconfigure, rejuvenate, and innovate their capabilities in responding to the changing environmental conditions.
Learning capability (LC) can be conceptualized as "a firm's capability to learn from internal and external sources and to adjust or modify its behavior to reflect the new cognitive situation, with a view to improving its performance" (Jerez-Gomez et al. 2005: 38).
In this conceptualisation, customer satisfaction generally means a service firm's capability to deliver products and services within the customer's zone of tolerance (Zebal and Godwin 2011 ); that is, not below the customer's expectations and not above the customer's ideal expectation (Zeithaml 2000).
Firms with capability to control scarce and unique resources have more opportunities to achieve superior profit.
Firms with capability to control unique resources and to handle market power have more opportunities to achieve superior profit.
The combination of a firm capability (i.e., ability to generate general purpose technologies) and a market structure condition (i.e., fragmentation of downstream submarkets) may encourage licensing in an industry.
