The Difference Between a Company Competence and a Core Competence

question 15

Multiple Choice

The difference between a company competence and a core competence is that:

• A) a company competence refers to a company's best-executed functional strategy,while a core competence refers to a company's best-executed business strategy.
• B) a company competence refers to a company's strongest resource,whereas a core competence refers to a company's lowest-cost and most efficiently performed value chain activity.
• C) a company competence is a competitively relevant activity that a firm performs especially well relative to other internal activities,whereas a core competence is an activity that a company has learned to perform proficiently.
• D) a company competence represents real proficiency in performing an internal activity,whereas a core competence is a competitively and strategically relevant activity.
• E) a core competence usually resides in a company's technology and physical assets,whereas a company competence usually resides in a company's human assets and intellectual capital.

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Definitions:

Navigational Flow

The path a user follows through an application or website, designed to facilitate ease of use and efficiency in reaching the desired outcome.

Content Structure

The organization and layout of information within a document, website, or presentation.

Global Audience

A diverse group of people from various countries and cultures who consume content or products, often through digital platforms.

Homepage Localization

The process of adapting a website's homepage content to suit the cultural preferences and language of different target markets, enhancing user experience and engagement.