A Core Competency Which Is Capital-Intensive but Critical for a Firm

question 103

Multiple Choice

A core competency which is capital-intensive but critical for a firm creating and launching a new innovation is:

• A) Process improvement.
• B) Research and Development (R&D).
• C) Supply-chain management.
• D) Customer relation management.

---

Definitions:

Snowmelt

The runoff produced by melting snow.

Hundred-year Flood

is a term used to describe a flood event that has a 1% chance of occurring in any given year, used as a standard metric in flood risk assessment.

Probability

The statistical description of the likelihood that an event will occur.

Floodplain

A flat area of land adjacent to a river or stream that experiences occasional or regular flooding.