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:

Reasoning by Analogy

The process of drawing a comparison between two similar situations, inferring that what is true for one is also true for the other.

Tumor Problem

is a problem-solving task used in psychological research to study how individuals approach complex issues requiring critical thinking and reasoning, often involving medical or ethical decision-making scenarios.

Introspection

The examination or observation of one's own mental and emotional processes.

Consciousness

A state of awareness of one's self, environment, and thoughts.