Even when a business or product is profitable, if the organisation has no core competencies in managing that business or product, it may not be profitable in the long term.

Question

Quizplus · Accepted Answer

Profits can be short-lived if a company lacks the core competencies required to manage the business or product effectively. Over time, this can lead to a decline in profitability and ultimately, failure. Therefore, having core competencies in managing a business or product is essential for long-term success.

Even When a Business or Product Is Profitable, If the Organisation