________ enable a firm to reduce the costs of value creation and/or to create perceived value in such a way that premium pricing is possible.
A) Core competencies
B) Global standardization strategies
C) Operations
D) Location economies

Question

Quizplus · Accepted Answer

Core competencies are the bedrock of a firm's competitive advantage. They enable a firm to reduce the costs of value creation and/or to create perceived value in such a way that premium pricing is possible.

________ Enable a Firm to Reduce the Costs of Value