Vehmo IncIs an Automobile Company Whose Core Competency Lies in Manufacturing

question 3

Multiple Choice

Vehmo Inc.is an automobile company whose core competency lies in manufacturing petrol- and diesel-based cars.The company realizes that more of its potential customers are switching to electric cars.The R&D department of the company acquires competencies in developing electric cars and launches its first hybrid car.In this scenario,Vehmo is primarily

• A) leveraging new core competencies to improve current market position.
• B) redeploying existing core competencies to compete in future markets.
• C) unlearning existing core competencies to create and compete in markets of the future.
• D) building new core competencies to protect and extend current market position.

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Definitions:

Free Riding

The practice of benefiting from the efforts or resources of others without giving fair contribution or compensation.

Regression Model

A statistical technique that models and analyzes the relationships between dependent and independent variables.

Head Width

The measurement across the widest part of an individual's head, often used in anthropometric research.

Neck

The part of a person's or animal's body connecting the head to the rest of the body.