Researchers Hamel and Prahalad Defined the Term Core __________________ to Mean

question 50

Short Answer

Researchers Hamel and Prahalad defined the term core __________________ to mean something that a firm can do well and that provides customer benefits,is hard for competitors to imitate,and that can be leveraged widely to many products and markets.

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Definitions:

Adolescent Egocentrism

A characteristic of teenage thinking leading to an increased self-consciousness, where adolescents believe they are the focus of everyone else's attention.

Deductive Thinking

A logical process in which a conclusion is based on the concordance of multiple premises that are generally assumed to be true.

Inductive Thinking

A reasoning process that involves drawing general conclusions from specific observations or instances.

Egocentrism

A cognitive trait where individuals have difficulty understanding or acknowledging perspectives other than their own.