Core Competencies Tend to Refer to Areas of Special Technical

question 146

Multiple Choice

Core competencies tend to refer to areas of special technical and production expertise, whereas ________ tend to describe excellence in broader business processes.

• A) distinctive capabilities
• B) core business values
• C) mission statements
• D) value statements
• E) process benchmarks

---

Definitions:

Utility Function

A mathematical representation that defines individual preferences for consumption bundles by assigning a utility value to each bundle.

Consumption

The action of using up a good or service, typically by households or individuals, affecting economic analyses of demand and spending behaviors.

Borda Count

A voting system in which voters rank candidates in order of preference, and candidates are assigned points based on their position in each vote, to determine the winner.

Candidates

Individuals seeking to be elected or selected for a specific position, role, or honor.