Core competencies are those things that everyone in the firm must be able to do well.

Question

Quizplus · Accepted Answer

Core competencies are the unique strengths or abilities of a company that differentiate it from competitors, and not necessarily something that everyone in the firm must be able to do well. Core competencies are often the result of a combination of skills, knowledge, technologies, and assets that work together to give a company a competitive advantage in its market.

Core Competencies Are Those Things That Everyone in the Firm