The Difference Between a Capability and a Competence Is

question 51

Multiple Choice

The difference between a capability and a competence is

• A)a competence is core to a firm's operations.
• B)a capability is necessary to survive, but a competence is essential to thrive.
• C)a competence is necessary to survive, but a capability is essential to thrive.
• D)no difference in this textbook where they are taken as interchangeable.

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Definitions:

Trials

In probability, the term refers to the execution of an experiment or the number of times an experiment is run.

Poisson Distribution

A statistical distribution showing the probability of a given number of events occurring in a fixed interval of time or space.

Discrete Probability Distribution

A mathematical function that represents the probabilities of occurrence of different possible outcomes for a discrete random variable.

Skewed To The Right

Describes a distribution of data where the tail on the right side of the histogram is longer or fatter than the left side, indicating that most of the data are concentrated to the left.