The Difference Between a Core Competence and a Distinctive Competence

question 137

Multiple Choice

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

• A) a distinctive competence refers to a company's strongest resource or competitive capability,while a core competence refers to a company's lowest-cost and most efficiently executed value-chain activity.
• B) a core competence usually resides in a company's base of intellectual capital,whereas a distinctive competence stems from the superiority of a company's physical and tangible assets.
• C) a core competence is a competitively and strategically relevant activity that a firm performs well compared to its other activities,whereas a distinctive competence is a competitively relevant activity a firm performs well compared to other rival firms.
• D) a core competence represents a resource strength,whereas a distinctive competence is achieved by having more resource strengths than rival companies.
• E) a core competence usually resides in a company's technology and physical assets,whereas a distinctive competence usually resides in a company's know-how,expertise,and intellectual capital.

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Definitions:

Foster Care

A temporary arrangement in which a family is paid by the state to care for a child for a limited period of time, often pending adoption.

Temporary Arrangement

A provisional setup intended to serve a purpose for a limited period before a permanent solution is established.

Best Interests

A principle that guides decisions in the legal system, especially in family and child law, ensuring that the outcomes serve the optimal welfare of the individuals involved.

Adopting Parents

Individuals or couples who legally take on the responsibility to raise a child not biologically their own.