When Firms Use Core Competencies to Implement Value-Creating Strategies, They

question 75

Multiple Choice

When firms use core competencies to implement value-creating strategies, they are answering the "__________" question.

• A) who
• B) what
• C) why
• D) how

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Definitions:

Reduced Hours

Refers to a work arrangement where employees work fewer hours than the standard full-time schedule, often to balance personal life and work commitments.

High Openness

A personality trait featuring a strong appreciation for art, emotion, adventure, unusual ideas, imagination, curiosity, and a variety of experiences.

Fortune 500

A list annually compiled by Fortune magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years.

Global Scale

A perspective or measurement tool that considers the entire world or major regions of it.