Firms Possessing Certain Core Competencies Are More Likely to Create

question 28

Multiple Choice

Firms possessing certain core competencies are more likely to create competitive advantages based on these competencies. However, before a competitive advantage can be translated into specific customer benefits, the firm's __________ must recognize that its competencies give it an advantage over the competition.

• A) management
• B) target markets
• C) shareholders
• D) employees
• E) strategic partners

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Definitions:

Dependent Means

Dependent means refer to statistical analyses concerning means from related or paired samples, where the observation in one sample is influenced by or paired with the other.

Sample

A subset of a population. See Population.

Obtained Value

The specific result or number arrived at after conducting an experiment or calculation.

Critical Value

A point on the scale of the test statistic beyond which the hypothesis is rejected.