Core competencies are developed by organizations over long periods of time.

Question

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Core competencies are developed by organizations over long periods of time through a process of continuous learning, experimentation, and adaptation. It involves building expertise in key areas that are unique to the organization and that create value for its customers, stakeholders, and employees. Core competencies can include things like proprietary technology, specialized knowledge and skills, customer relationships, or strong brand recognition.

Core Competencies Are Developed by Organizations Over Long Periods of Time