Question

E) all of the above F) none of the above 11. A core competence A) adds to a company's arsenal of competitive capabilities and competitive assets and is a genuine resource strength. B) is typically knowledge-based, residing in a company's intellectual capital and not in its tangible physical assets on the balance sheet. C) is often grounded in cross-department combinations of knowledge and expertise. D) adds to the reputation of the company E) A and D only F) none of the above A,8, C grigt

Answer 1

Q11) A,B,C,D are correct.

Core competencies refer to the resources like human resource,patent , brand equity etc and advantages that a business possess. This includes the knowledge and technical capacities that a business possess and allows it to compete in the market.Thus core competency mean the resources and operation strength that allows a business to compete with competitors.In order to gain solid reputation and to increase its brand recognition in the market, a company usually focuses on its core competency.A organisation's capacity to use the resources available and function efficiently also contribute to core competency .Thus, taking advantage of the core competencies usually give the company best opportunity to grow and survive.