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Core Competencies Cannot Be a Source of ________, but Can

question 27

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Core competencies cannot be a source of ________, but can contribute to the development of ________.


Definitions:

Differentiation

The process of distinguishing a product or service from others, to make it more attractive to a particular target market.

Product Innovation

The development of new or significantly improved goods or services to meet consumer needs or market demands.

Functionality

The range of operations that can be performed by a product, system, or service, especially according to user requirements and needs.

Strategic Positioning

The process of establishing and maintaining a sustainable competitive advantage in the market.

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