In Order for Core Competencies to Become Competitive Advantages, They

question 76

True/False

In order for core competencies to become competitive advantages, they must be valuable, rare, difficult to imitate and non-substitutable.

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Definitions:

Creativity

A process influenced by individual and organizational factors that results in the production of novel and useful ideas, products, or both.

Labor Force

The total number of people eligible to work, including both the employed and the unemployed within an economy.

Great Recession

A significant decline in economic activity across the globe that occurred from late 2007 through 2009, often considered the worst economic downturn since the Great Depression.

Master's Degrees

Advanced academic degrees granted after the completion of study demonstrating mastery or high-order overview of a specific field of study or area of professional practice.