Unlike the Distinctive Competencies of a Company, the Core Capabilities

question 43

Multiple Choice

Unlike the distinctive competencies of a company, the core capabilities of a company:

• A) include things that the company can make, do, or perform better than its competitors.
• B) are tangible and more visible.
• C) determine how efficiently inputs can be turned into outputs.
• D) cannot be sustained for long without superior distinctive competencies.

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Definitions:

Administrative Expenses

Expenses related to the general operation of a business that are not directly tied to production, such as office supplies and salaries of non-production staff.

Client-Visits

The act of meeting with clients in-person or virtually to discuss services, products, or business progress.

Personnel Expenses

Costs incurred by a business related to the compensation of its employees, including wages, benefits, and taxes.

Planning Budget

An estimated financial plan used primarily for strategic and operational planning within an organization.