Describe the Importance of Core Competencies in the Pursuit of Value

question 10

Essay

Describe the importance of core competencies in the pursuit of value creation and above-average returns.

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Definitions:

Prejudice

The negative (or positive) evaluations or judgments of members of a group that are based primarily on group membership.

Discrimination

The negative (or sometimes positive) actions taken toward members of a particular group because of their membership in the group.

Stereotyping

Forming oversimplified and generalized views about groups of people based on certain traits or characteristics.

Nursing Home

A facility providing residential care for elderly or disabled people, offering medical and personal care support.