Core Competencies and Competitive Capabilities

question 24

Multiple Choice

Core competencies and competitive capabilities:

• A) usually are lodged in the narrow skills and specialized work efforts of a single department,as opposed to the combined expertise and capabilities of specialists scattered across several departments.
• B) most usually stem from collaborative efforts with strategic allies.
• C) are usually bundles of skills and know-how that most often grow out of the collaborative efforts of cross-functional work groups and departments performing complementary activities at different locations in a firm's value chain.
• D) tend to result in competitive advantage when they involve highly specific technologies and are grounded in a company's own deep technical expertise.
• E) typically are built rapidly,usually in conjunction with important product innovations.

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Definitions:

Independent Events

Two or more events in probability that have no effect on the likelihood of each other occurring.

Probability

An indication of how probable an event is to happen, represented by a numerical value ranging from 0 to 1.

Red Die

A single six-sided gaming cube that is red, typically used in board games and probability exercises.

Green Die

A dye or pigment that produces a green color, potentially used in manufacturing or artistic applications.