Resources and Capabilities Are Core Competencies Only When Their Use

question 38

Multiple Choice

Resources and capabilities are core competencies only when their use:

• A) leads to a competitive advantage for the firm.
• B) permits diffusion of threats in the external environment.
• C) provides opportunities to defeat competitors.
• D) encourages quick responses to changes in the global economy.

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Definitions:

Significance Level

The threshold below which the p-value must fall for the null hypothesis to be rejected in statistical testing.

Sample Standard Deviation

A statistic that measures the dispersion or variability of a sample dataset around its mean.

Sample Mean

The average value of a sample set from a population, often used as an estimate of the population mean.

Standard Deviation

A quantification of the level of diversity or variability in a collection of values, demonstrating how much the values differ from their average.