Mark White Is the Founder of a Firm That Builds

question 74

Multiple Choice

Mark White is the founder of a firm that builds iPhone apps. Mark is very technically savvy, which allows him to build apps quickly and with minimal bugs or problems. In the terminology of the Barringer/Ireland Business Model Template, Mark's technical savvy is a(n) ________ of his firm.

• A) primary capability
• B) core competency
• C) essential asset
• D) staple proficiency
• E) key aptitude

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Definitions:

Groupthink

A psychological phenomenon that occurs within a group of people, where the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Discrimination

Unequal and unfavorable treatment of people belonging to distinct groups, usually on the grounds of their race, age, sex, or disabilities.

Stereotyping

Stereotyping is the act of ascribing a fixed set of characteristics to a group of people, disregarding individual differences.

Scapegoating

The act of blaming an individual or group for problems or negative outcomes, often unjustly.