Which of the Following Best Explains 'Core Competences

question 37

Multiple Choice

Which of the following best explains 'core competences'? 

• A) Those activities through which a company gains a market share. 
• B) Those activities through which a company achieves sustainable competitive advantage. 
• C) Those activities through which a company achieves profitability. 
• D) Those activities essential to the delivery of the company's outputs.

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Definitions:

Security Agreement

A legal document that provides a lender a security interest in a specified asset or property, which serves as collateral for a loan.

Debtor

An individual or entity that owes a debt to another called a creditor, typically arising from a loan or other financial obligation.

Secured Party

A lender or creditor in a secured transaction who has a legal interest or lien on collateral provided by the debtor.

Preferential Payments

Transactions made before a bankruptcy filing where a debtor gives preferential treatment to certain creditors over others.