Which of the following statements is a definition of a 'core competence'?
A) Core competencies are those competencies related to the core business of the organisation, rather than those peripheral areas it has diversified into.
B) Core competencies are the collective learning in the organisation, especially how to co- ordinate diverse production skills and integrate multiple streams of technologies.
C) Core competencies are those strategic capabilities shared by all major players in a given industry sector and distinguish them from those organisations that struggle for survival.
D) Core competencies are the strategic capabilities that an organisation must posses if it is to survive in its chosen environment.
Correct Answer:
Verified
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