Which Quadrant in the Core Competence-Market Matrix Is the Hardest

question 22

Multiple Choice

Which quadrant in the core competence-market matrix is the hardest to pursue?

• A) building new core competencies to protect and extend current market position
• B) building new core competencies to create and compete in markets of the future
• C) leveraging core competencies to improve current market position
• D) redeploying and recombining core competencies to compete in markets of the future

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Definitions:

Liabilities

Financial obligations or debts owed by a business to others, that must be paid in the future.

R&D Costs

Refers to expenditures related to the research and development of a company’s goods or services. These costs are intended to provide for future growth and innovation.

Net Income

The net income of a business once all costs and taxes are deducted from the overall revenue.

Goodwill

An intangible asset that arises when a business is purchased for more than the fair value of its net identifiable assets.