________ are complex sets of resources and capabilities that link different businesses in a diversified firm through managerial and technical know-how, experience and wisdom.
A) Managerial competencies
B) Core competencies
C) Competitive advantages
D) Core advantages

Question

Quizplus · Accepted Answer

Core competencies are the unique strengths and integrated sets of resources and capabilities that allow a firm to achieve competitive advantages in its various businesses. These competencies can include managerial and technical know-how, experience, and wisdom that link different businesses in a diversified firm. Therefore, option B is the correct answer. Managerial competencies (A) and core advantages (D) are not commonly used terms, and competitive advantages (C) are the outcomes of leveraging core competencies.

________ Are Complex Sets of Resources and Capabilities That Link