The difference between a company competence and a core competence is that
A) a company competence refers to a company's best-executed functional strategy and a core competence refers to a company's best-executed business strategy.
B) a company competence refers to a company's strongest resource whereas a core competence refers to a company's lowest-cost and most efficiently performed value chain activity.
C) a company competence is a competitively relevant activity which a firm performs especially well relative to other internal activities, whereas a core competence is an activity that a company has learned to perform proficiently.
D) a company competence represents real proficiency in performing an internal activity whereas a core competence is a competitively relevant activity which a firm performs better than other internal activities.
E) a core competence usually resides in a company's technology and physical assets whereas a company competence usually resides in a company's human assets and intellectual capital.
Correct Answer:
Verified
Q26: The competitive power of a company resource
Q27: A core competence
A) retracts from a company's
Q28: A competitively superior resource or capability is
Q28: What two factors inhibit the ability of
Q29: Which of the following is not an
Q30: When a company has real proficiency in
Q32: A distinctive competence
A) is a competitively important
Q33: A company's resource strengths are important because
A)
Q35: The difference between a core competence and
Q36: The competitive power of a company resource
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents