Core Competence Is the Plan of Action That Prescribes Resource

question 148

True/False

Core competence is the plan of action that prescribes resource allocation and other activities for dealing with the environment.

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Definitions:

Technological Application

The use or implementation of technology for practical purposes, especially in industry or commerce.

Research and Development Spending

Financial investments in the innovation, improvement, and development of new products, services, or technologies.

Government Proportion

This term is not standard and may refer to the ratio or percentage of government spending or representation in relation to something specific, such as GDP or population, but without more context, a precise definition cannot be provided.

Risk Society

A society increasingly preoccupied with managing and preventing risks, especially those that are man-made, such as environmental disasters, technological accidents, and financial crisis.