According to Prahalad and Hamel, a Firm's Capability Must Meet

question 48

Multiple Choice

According to Prahalad and Hamel, a firm's capability must meet three criteria to be truly considered a core competency.Which of the following is NOT one of the criteria?

• A)It should be applicable to multiple markets.
• B)It should emphasize the external context in which the firm operates.
• C)It should be valued by the consumer.
• D)It should be difficult for a competitor to imitate.

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Definitions:

Dollar Sales

The total revenue generated from the sale of goods or services, expressed in monetary units.

Market Share

The sector of a market that a certain company or product commands.

Organizational Foundation

The underlying principles and structures that define an organization's identity and guide its operations.

Organization Direction

The strategic goals, vision, and overarching directives that guide the actions and decision-making of an organization.