Which of the Following Statements Is True of Core Competencies

question 34

Multiple Choice

Which of the following statements is true of core competencies?

• A) A firm's core competency refers to a single ability.
• B) A firm's core competency is more than just a core technology.
• C) An individual business unit has only one core competency.
• D) A firm's core competency is usually easy to imitate.

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Definitions:

Depreciation Rate

The rate at which an asset is depreciated over a specified period, often expressed as a percentage of its original cost.

Revaluation

The process of adjusting the book value of an asset or liability to reflect its current fair market value.

Prospective Depreciation

Depreciation calculated from the current period forward, taking into account changes in asset value or estimated useful life.

Economic Benefits

Future returns or advantages from owning an asset or from a transaction.