What is an organization's key strength, a business function that it does better than any of its competitors?
A) Core competency
B) Core competency strategy
C) Collaboration system
D) Knowledge management system

Question

Quizplus · Accepted Answer

Core competency refers to an organization's key strength and expertise in a specific business function or process that distinguishes it from its competitors. It is a unique capability that contributes to the organization's competitive advantage and is difficult for its competitors to imitate or replicate. Thus, identifying and leveraging an organization's core competency is critical for its success in the market. The other options, such as core competency strategy, collaboration system, and knowledge management system, are related concepts but do not directly address the question of an organization's key strength.

What Is an Organization's Key Strength, a Business Function That