Core competencies provide a long-term basis for technological innovation, product development, and service delivery.

Question

Quizplus · Accepted Answer

Core competencies are the unique strengths and capabilities that a company possesses and are essential for its competitive advantage. They form the foundation for technological innovation, product development, and service delivery, allowing a company to sustain its competitive advantage in the long run.

Core Competencies Provide a Long-Term Basis for Technological Innovation, Product