When a Company Has a Proficiency in Performing a Strategically

question 103

Multiple Choice

When a company has a proficiency in performing a strategically and competitively important value chain activity better than its rivals,it is said to have:

• A) a company competence.
• B) a core competence.
• C) a distinctive competence.
• D) a key value chain proficiency.
• E) a competitive advantage over rivals.

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Definitions:

Per Capita Income

The average income earned per person in a given area or country, calculated by dividing the total income of the area by its population.

Exchange Rates

The worth of one currency when converted into another.

Global Companies

Businesses that operate in multiple countries across the world, facing a wide range of economic, cultural, and regulatory environments.

Economic Infrastructure

The underlying physical and organizational structures needed for the operation of a society or economy, including transportation, communication, utilities, and services.