Acme Auto Repair has a thriving business based on its reputation for high-quality work, honesty, and skilled employees. For continued long-term success, Acme's owner should:
A) concentrate on maintaining Acme's current core competencies.
B) focus on developing Acme's future competitive advantages.
C) place more emphasis on tangible resources, which are less vulnerable to obsolescence than intangible resources.
D) recognize that core competencies derived from human resources are more subject to becoming core rigidities than are core competencies based on other types of resources.

Question

Quizplus · Accepted Answer

While maintaining current core competencies is important, it is equally critical to focus on developing future competitive advantages to sustain long-term success. With changing market trends and evolving consumer demands, businesses must constantly innovate and adapt to stay ahead. Therefore, Acme's owner should explore new technologies, processes, and services to differentiate from competitors and capture new revenue streams.

Acme Auto Repair Has a Thriving Business Based on Its