Which Core Competency Does Nike Retain In-House While Outsourcing Nearly

question 106

Multiple Choice

Which core competency does Nike retain in-house while outsourcing nearly everything else?

• A)product design
• B)financial analysis
• C)customer service
• D)employee recruitment

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Definitions:

Price

The amount of money required to purchase a good, service, or asset. It acts as a signal to both buyers and sellers in a market.

Competitors

Competitors are companies or entities that operate in the same or a similar industry and vie for the same customers or market share.

Unfair Competition

Business practices that are deemed unethical or illegal, aiming to gain an unfair market advantage.

Oligopolist

An oligopolist is a participant within an oligopoly, which is a market structure characterized by a small number of firms dominating the industry, often leading to limited competition and higher prices for consumers.