When a company has real proficiency in performing a competitively important value chain activity,it is said to have
A) a distinctive competence.
B) a core competence.
C) a key value chain proficiency.
D) a competitive advantage over rivals.
E) a company competence.

Question

Quizplus · Accepted Answer

When a company possesses a real proficiency in performing a competitively important value chain activity, it is known as a core competence. This core competence gives a company a competitive advantage over rivals, making it difficult for them to replicate or imitate. Therefore, option B, a core competence, is the best answer in this case.

When a Company Has Real Proficiency in Performing a Competitively