Firms can develop a capability and/or core competence in any of the value chain activities and in any of the support functions.

Question

Quizplus · Accepted Answer

This statement is true. Firms can develop a competitive advantage by building capabilities and core competencies in any of the activities within their value chain, such as manufacturing or distribution, as well as in any of the support functions, such as HR or IT.

Firms Can Develop a Capability And/or Core Competence in Any