________are the organization's major value- creating skills, capabilities, and resources that determine the organization's competitive weapons.

Question

Quizplus · Accepted Answer

Core competencies are the unique capabilities that an organization possesses, which give it a competitive advantage over its rivals. These are the skills, resources, and capabilities that are difficult to imitate or replicate, and therefore, they become the organization's major sources of value creation. Opportunities refer to external factors that an organization can leverage to its advantage, weaknesses refer to internal limitations, and strengths are the positive aspects of the organization. While these factors are important in determining an organization's competitive position, core competencies are the primary sources of sustainable competitive advantage.

________Are the Organization's Major Value- Creating Skills, Capabilities, and Resources