We can say that a ________ has three characteristics: (1)It is a source of competitive advantage in that it makes a significant contribution to perceived customer benefits; (2)it has applications in a wide variety of markets; and (3)it is difficult for competitors to imitate.
A) core competency
B) business strategy
C) core technology
D) strategic business unit
E) winning strategy

Question

Quizplus · Accepted Answer

Core competencies are unique strengths and capabilities that provide a competitive advantage to the organization. These competencies are difficult for competitors to imitate and can be leveraged across different products, services, and markets. Therefore, option A is the best choice as it matches all the three given characteristics. Option C, core technology, may have applications in different markets but may not necessarily provide a competitive advantage or be difficult to imitate. Options B, D, and E do not match all the given characteristics.

We Can Say That a ________ Has Three Characteristics: (1)It