Which of the Following Is MOST Important for Developing and Using

question 4

Multiple Choice

Which of the following is MOST important for developing and using core competencies? What aspect of exploiting and maintaining core competencies relates directly to the effective use of human capital?

• A) The core competencies must be central to strategy implementation.
• B) The core competencies must provide a competitive advantage over rivals.
• C) The core competencies must be understood by employees.
• D) The core competencies must take advantage of cooperation.

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Definitions:

Social Security

A government program that provides financial assistance to people with inadequate or no income, especially the elderly, disabled, and families with children.

CPI

A metric known as the Consumer Price Index tracks the average price changes in a selected assortment of consumer items and services like medical care, transportation, and food, adjusting for their relative significance.

Price Inflation

The rate of growth in the overall price levels for goods and services, cutting down on purchasing capacity.

Real Price

The cost of a product or service once inflation has been taken into account, showing its true ability to purchase.