Skills or abilities that are difficult for competing firms to imitate are called

Question

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Core competencies are skills or abilities that are unique to a particular company and difficult for competitors to imitate. This is because these skills or abilities are embedded into the organization's culture, processes, or resources, and cannot be easily replicated by competitors. Core competencies are a key source of sustained competitive advantage, as they allow companies to differentiate themselves from competitors and offer unique value to customers.

Skills or Abilities That Are Difficult for Competing Firms to Imitate