Core Competences Possess Several Attributes

question 48

Multiple Choice

Core competences possess several attributes:

• A)They provide a basis for entering new markets and make a disproportionate contribution to the customer value
• B)They provide a basis for building new technological processes and offer a valuable product or service to a firm's customers
• C)They deliver value to a firm and provide a basis for entering international markets
• D)They allow top managers to understand the human resources of their firm and to define and implement a technological strategy

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Definitions:

Interest Annually

Interest calculated once a year on the principal or existing amount.

Equal Payments

Payments that are the same in amount, typically referring to the consistent and periodic payments made over the life of a loan or for a subscription service.

Rate of Interest

The percentage at which interest is paid by a borrower for the use of money they borrow from a lender.

Final Payment

The last payment made to settle a financial obligation, completing the payment schedule.