A core competency can be defined in four different ways. Three of those definitions are: as an activity traditionally performed internally; activities critical to business success; and activities creating current or potential competitive advantage. What is the fourth way that core competency can be defined?
A) activities that will influence future growth
B) activities that will increase profitability
C) activities that will result in innovation
D) activities that will reduce debt load

Question

Quizplus · Accepted Answer

The fourth way that core competency can be defined is as activities which are difficult for competitors to imitate or find substitutes for, and can therefore offer a sustained competitive advantage.

A Core Competency Can Be Defined in Four Different Ways