Which value creating strategies best satisfy customer needs?
A) Firm resources
B) Capabilities
C) Core competencies
D) None of the above.

Question

Quizplus · Accepted Answer

Core competencies are the unique strengths and skills a company possesses that differentiate it from competitors and allow it to create value for customers. By leveraging core competencies, a company can develop products and services that better satisfy customer needs. Firm resources and capabilities are important, but they alone may not be sufficient to create customer value without a clear understanding of the company's unique strengths and differentiators.

Which Value Creating Strategies Best Satisfy Customer Needs