Core Competencies and Competitive Capabilities

question 75

Multiple Choice

Core competencies and competitive capabilities

• A) usually are 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) most usually stem from collaborative efforts with strategic allies.
• C) are usually bundles of skills and know-how that most often grow out of the combined efforts of cross-functional work groups and departments performing complementary activities at different locations in a firm's value chain.
• D) tend to result in competitive advantage when they involve highly specific technologies and are grounded in a company's own deep technical expertise.
• E) typically are built rapidly, usually in conjunction with important product innovations.

---

Definitions:

Negligent Misstatement

A false statement made carelessly rather than intentionally or deceitfully, leading to someone's loss or damage.

Negligent Misconduct

Behavior or actions that fall below the legally established standard of care, leading to unintended harm or damage.

Self-Governing

Having the authority or autonomy to govern oneself or manage one's own affairs without external control.

Professional Bodies

Organizations representing the interests of professionals in a specific industry, responsible for setting standards, providing training, and enforcing ethics.