Prahlad and Hamel have identified the strategic concept of ________.

Question

Quizplus · Accepted Answer

Prahlad and Hamel identified the strategic concept of core competence, which refers to the unique capabilities and resources that give a company a competitive advantage in its industry. This concept emphasizes focusing on a company's strengths and leveraging them to create sustainable growth and profitability. Process engineering, task management, quality control, and employee empowerment are all important operational concepts, but they do not specifically address a company's strategic capabilities in the same way that core competence does.

Prahlad and Hamel Have Identified the Strategic Concept of ________