Discuss and Explain the Three Criteria That a Core Competence

question 83

Essay

Discuss and explain the three criteria that a core competence must meet if it is to create value and to provide a viable basis for synergy among the businesses in a corporation.

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Definitions:

Phineas Gage

A historical figure known for surviving a severe brain injury that dramatically changed his personality, providing early evidence of the brain's role in personality and behavior.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing behaviors, thoughts, and emotions.

Frontal Lobes

The area of the brain located behind the forehead that is responsible for complex cognitive functions, including behavior, decision making, and movement.

Planning

The process of thinking about, organizing, and preparing for any specific goal or future task.