An organization that has been able to excel in product research and design, manufacturing, marketing and managing its human resources to reach a leadership position in the marketplace is taking advantages of its _________.
A) competitive advantage
B) leadership expertise
C) creativity and innovation
D) core competencies
E) marketing expertise

Question

Quizplus · Accepted Answer

The organization's ability to excel in various aspects of business (product research and design, manufacturing, marketing, and human resource management) suggests that it has developed core competencies that give it a competitive advantage in the market. Core competencies are unique strengths or capabilities that an organization possesses and can use to differentiate itself from competitors.

An Organization That Has Been Able to Excel in Product