Resources and capabilities are core competencies only when their use:
A)leads to a competitive advantage for a firm
B)permits the diffusion of threats in the external environment
C)provides opportunities to defeat competitors
D)encourages quick responses to changes in the global economy

Question

Quizplus · Accepted Answer

Resources and capabilities may be important to a firm, but they only become core competencies if they lead to a competitive advantage. This means that the firm is able to use its resources and capabilities in a way that allows it to outperform its competitors in the market. Without this advantage, the resources and capabilities are not considered core competencies.

Resources and Capabilities Are Core Competencies Only When Their Use