Which of the following does not demonstrate a company's dynamic capability?

The correct answer is identified because it illustrates a lack of proactive adaptation and flexibility, which are essential aspects of dynamic capabilities. Dynamic capabilities refer to a company's ability to integrate, build, and reconfigure internal and external competencies to address rapidly changing environments.

When a company focuses on ignoring innovative capabilities and retains outdated resources, it fails to adapt to market changes and does not leverage new opportunities. This behavior runs counter to the core concept of dynamic capabilities, which emphasizes the importance of evolution and responsiveness in a company's strategy and resource management.

In contrast, the other options reflect positive actions that are indicative of dynamic capabilities. Improving existing resources involves optimizing and enhancing what the company already possesses, maintaining relevance in the market. Acquiring innovative capabilities represents a forward-looking approach to growth and adaptation by integrating new skills or technologies. Replacing outdated resources with new capabilities demonstrates a commitment to transformation and alignment with current market needs. Therefore, the choice that highlights a failure to adapt—ignoring innovations and outdated resources—clearly does not exemplify dynamic capability.