By emphasizing core competencies when formulating strategies, companies learn to compete primarily on the basis of:
A) intangible resources.
B) their primary activities.
C) firm-specific differences.
D) efficiency of production.

Question

Quizplus · Accepted Answer

By emphasizing core competencies, companies are focusing on their unique strengths and firm-specific differences, which allows them to stand out from competitors and compete on a differentiating factor rather than purely on efficiency or primary activities. Intangible resources may be leveraged to support core competencies, but they are not the primary focus in this case.

By Emphasizing Core Competencies When Formulating Strategies, Companies Learn to Compete