A(n)________ is an activity at which a firm excels as a world-class leader.
A)expertise area
B)competitive advantage
C)growth driver
D)efficiency
E)core competency

Question

Quizplus · Accepted Answer

A core competency is an activity that a firm excels at and provides a competitive advantage. It is a combination of skills, knowledge, and resources that enable a company to be a leader in its industry. Therefore, E is the correct choice. A refers to a specific area of expertise, but it may not necessarily provide a competitive advantage. C and D are not interchangeable with core competency. B is close, but core competency is a specific type of competitive advantage.

A(n)________ Is an Activity at Which a Firm Excels as a World-Class