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:

Concentrate

To focus one's mental or physical effort on a particular task or activity without distraction.

Sensory Improvement

Refers to the enhancement or development of the senses, including sight, hearing, taste, touch, and smell, often through specific exercises or therapies.

Selective Optimization

A strategy where individuals focus on maintaining or improving performance in their areas of strength while compensating for declines in other areas.

Fluid Adaptation

Refers to the ability to effectively adjust and adapt thinking and behavior to meet the demands of different situations.