Independence Electronics prides itself as a world-class producer of components used in CD and DVD players. The outstanding performance of the production department indicates that this activity is one of the firm's:
A) fiscal responsibilities.
B) core competencies.
C) benchmark assets.
D) target competitive advantages.

Question

Quizplus · Accepted Answer

Core competencies are the unique strengths and capabilities of a company that enable it to create a competitive advantage in the market. As Independence Electronics is a world-class producer of components used in CD and DVD players, the outstanding performance of the production department indicates that this is one of their core competencies.

Independence Electronics Prides Itself as a World-Class Producer of Components