Core Competency Is

question 82

Multiple Choice

Core competency is

• A)the specific set of departmental skills, knowledge, and experience that allows one organization to outperform another.
• B)the planning, organizing, leading, and controlling of human and other resources to achieve organizational goals efficiently and effectively.
• C)a measure of how efficiently and effectively a manager uses resources to satisfy customers and achieve organizational goals.
• D)a measure of the appropriateness of the goals an organization is pursuing and the degree to which the organization achieves those goals.
• E)the ability to analyze and diagnose a situation and to distinguish between cause and effect.

---

Definitions:

Discount Rate

It refers to the discount rate applied in discounted cash flow analysis to calculate the current value of future cash flows.

Investment in Equipment

Capital expenditure on physical assets like machinery and equipment intended to be used in the production of goods or services.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in consistent annual amounts.

Remodelling

The process of updating or altering the structure, layout, or appearance of an existing building or space.