Transferring competencies involves taking a distinctive competency developed by a business unit in one industry and implanting it in a business unit operating in another industry.

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Transferring competencies involves taking a distinctive competency developed by a business unit in one industry and implanting it in a business unit operating in another industry. This process can help companies gain a competitive advantage and enter new markets.

Transferring Competencies Involves Taking a Distinctive Competency Developed by a Business