A special strength,which a company has,that gives it a competitive advantage is called a(n)__________.
A) unfair advantage
B) differential strategy
C) core competency
D) differential advantage

Question

Quizplus · Accepted Answer

Core competency is a unique strength or advantage that a company has, which sets it apart from its competitors. It can be a combination of skills, technology, knowledge, and experience that allows a company to perform better than its rivals. Core competencies are essential for creating value for customers and achieving sustainable business growth. Choices A, B, and D are incorrect because they do not accurately describe the concept of core competency.

A Special Strength,which a Company Has,that Gives It a Competitive