A Core Competence

question 76

Multiple Choice

A core competence

• A)is a more competitively valuable strength than a competence because of the key role the activities play in the company's strategy.
• B)typically has competitive value, the amount of which is reflected in the physical and tangible assets on a company's balance sheet.
• C)usually is grounded in the technological expertise of a particular department or work group.
• D)is more difficult for rivals to copy than a distinctive competence.
• E)refers to a company's lowest-cost and most efficiently executed value-chain activity.

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Definitions:

Beneficence

In ethics, it refers to the moral obligation to act for the benefit of others, promoting their well-being.

Expected Privacy

The level of privacy an individual can reasonably anticipate in a particular situation, often influenced by context and cultural norms.

Confidentiality

The assurance that personal or sensitive information is kept secure and not shared without authorization.

Public Settings

Environments or spaces accessible to the general public where social interactions occur.