For a Core Competency to Create Value and Provide a Viable

question 64

True/False

For a core competency to create value and provide a viable basis for synergy among the businesses in a corporation,it must at least create superior customer value and it must be difficult to imitate.

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Definitions:

Drawings

Withdrawals made by the owner of a business from the company's earnings or assets for personal use.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from revenues.

Consulting Revenues

Income earned by a company for providing professional advice or services to other organizations or individuals.

Expenses

The economic costs that a business incurs through its operations to earn revenue.