Core Competencies Are Value-Creating Organizational Capabilities That Are Unique to a Firm

question 93

True/False

Core competencies are value-creating organizational capabilities that are unique to a firm.

---

Definitions:

Debt-Paying Ability

A measure of a company's financial capacity to meet its long-term obligations, indicating its financial stability and risk level.

Quick Ratio

A financial metric indicating a company's ability to meet short-term obligations with its most liquid assets, providing insight into financial health.

Current Ratio

A financial metric assessing a firm's capability to settle its short-term obligations using its current assets.

State Unemployment

A government-provided insurance program that offers temporary financial assistance to workers who have lost their jobs.