Companies without the core competencies in their value chain activities and support functions are still able to implement successfully a either a cost leadership or a differentiation strategy,although they cannot implement an integrated cost leadership/differentiation strategy.

Question

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Companies lacking core competencies in their value chain activities and support functions are unlikely to successfully implement any competitive strategy, including cost leadership, differentiation, or an integrated approach, as these competencies are essential for competitive advantage.

Companies Without the Core Competencies in Their Value Chain Activities