Core Competencies and Competitive Capabilities Are Usually

question 52

Multiple Choice

Core competencies and competitive capabilities are usually

• A)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)observed to stem from collaborative efforts with strategic allies.
• C)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)found to result in competitive advantage when they involve highly specific technologies and are grounded in a company's own deep technical expertise.
• E)built rapidly, usually in conjunction with important product innovations.

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Definitions:

Stockholders

Individuals or entities that own shares in a corporation, giving them ownership interests and rights to dividends.

Taxes

Mandatory monetary fees or different forms of charges levied on an individual or entity by a government body to finance government operations and several public services.

Interest Paid

Interest paid refers to the amount of money paid over a period for the use of borrowed funds, representing the cost of borrowing to the debtor.

Net Working Capital

The variance between a business's current holdings and outstanding debts, signifying the entity's short-term economic condition and operational competence.