When a Firm Is Focusing on Its Core Competencies, It

question 26

Multiple Choice

When a firm is focusing on its core competencies, it is engaging in which trend:

• A) Sustainability
• B) Financial supply chain
• C) Lean initiatives
• D) Risk management
• E) Outsourcing

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Definitions:

Conflict Theory

Conflict Theory is a framework for understanding society that emphasizes the social, political, or material inequality of social groups, arguing that these conflicts drive social change.

Women's Exploitation

The unfair treatment and abuse of women in various contexts, often highlighting gender inequalities in workplace, domestic, and societal spheres.

Capitalism

An economic system based on private ownership of the means of production and their operation for profit.

Human Capital Theory

A theory in economics that views individuals' skills and education as a form of capital and suggests that investments in education and training enhance productivity and earnings.