In 1990,CK

question 24

Multiple Choice

In 1990,C.K.Prahalad and Gary Hamel introduced the concept of "core competence." Their argument was that:

• A)Competence was more important than capability as a basis for sustainable competitive advantage
• B)Management should accumulate the resources that form the basis of competences
• C)Strategy should be focused on both developing and exploiting firms' distinctive capabilities
• D)Competitive advantage rather than industry attractiveness was the primary source of superior profitability

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Definitions:

Illness

A state of poor health, either physically or mentally, that affects a person's well-being and ability to perform daily activities.

Poverty

A condition where individuals or communities lack the financial resources to meet basic needs such as housing, food, and healthcare.

Elderly Persons

Refer to individuals who are in the later stage of life, typically aged 65 years and older, often defined in terms of their social roles, physical health, and mental capabilities.

Acute Illnesses

Health conditions that develop suddenly and have a short course, often requiring prompt or immediate care, in contrast to chronic illnesses.