To Be Classified as a Core Competency,a Factor Should Satisfy

question 64

Multiple Choice

To be classified as a core competency,a factor should satisfy all of the following criteria except

• A) Be applicable across a range of products
• B) Be difficult for competitors to duplicate
• C) Provide a fundamental value to customers
• D) Be the low-cost option for customers

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Definitions:

State Law

Laws that are enacted and enforced by individual states within a country, which govern within their own territory and are particular to that state.

Professional Indemnity Insurance

Insurance that provides coverage to professionals against claims made by clients for loss or damage due to negligent services or advice.

Liability Coverage

A type of insurance that provides protection against claims resulting from injuries and damage to people or property.

Malpractice Claims

Legal claims made against professionals (e.g., doctors, lawyers) for failing to provide proper services, resulting in harm to the claimant.