Which of the following is not true regarding a company's distinctive competencies?
A) They represent the unique strengths of the company.
B) They refer to company strengths that competitors cannot easily match or imitate.
C) They form the bedrock of a company's strategy.
D) They can be based in any of the value creation functions of the company.
E) They are shared by many firms in an industry.

Question

Quizplus · Accepted Answer

Distinctive competencies are unique strengths of a company that competitors cannot easily match or imitate. They form the bedrock of a company's strategy and can be based in any of the value creation functions of the company. However, if they are shared by many firms in an industry, they are not distinctive competencies.

Which of the Following Is Not True Regarding a Company's