Core Competencies Are Present in High Technology and Manufacturing Firms

question 39

True/False

Core competencies are present in high technology and manufacturing firms, but not in service firms.

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Definitions:

Incremental Resources

Additional resources or inputs that are gradually incorporated to enhance productivity, efficiency, or output in a process or project.

Management Tools

Instruments, techniques, or software used to improve business efficiency, manage projects, and achieve organizational goals.

Strategic Marketing Process

A methodical approach involving the analysis, planning, implementation, and control of marketing efforts to achieve organizational objectives.

Market-Product Focus

A strategic approach focusing on specific markets and product lines to meet customer needs effectively.