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How Is the Concept of Core Competency Relevant to ABC

question 92

Essay

How is the concept of core competency relevant to ABC Computers,a local computer store that repairs and builds custom computers? Give examples.


Definitions:

Currency Depreciate

A decline in the value of one currency relative to another currency, which can affect international trade and economic balance.

Purchasing-Power Parity

A theory in economics that suggests that in the absence of transportation and other transaction costs, identical goods will have the same price in different markets when prices are expressed in a common currency.

Appreciate

In economic terms, it refers to the increase in value of an asset over time.

National Saving

The total amount of savings generated within a country, consisting of both private and public savings.

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