A core competence
A) retracts from a company's arsenal of competitive capabilities and competitive assets and is not a genuine resource strength.
B) is typically results-based, residing in a company's tangible physical assets on the balance sheet.
C) is often grounded in a single departments set of knowledge and expertise.
D) is a competitively relevant activity which a firm performs especially well in comparison to the other activities it performs.
E) All of these.

Question

Quizplus · Accepted Answer

A core competence is a unique capability or skill that a company possesses and performs exceptionally well in comparison to other activities it performs. It is not necessarily results-based or limited to a single department. It is a genuine resource strength and contributes to a company's competitive advantage.

A Core Competence