Asked by Angela Trevino on May 04, 2024
Verified
"Core competencies" refers to the integrated knowledge sets within an organization that distinguish it from its competitors and deliver value to customers.
Core Competencies
Resources and capabilities that serve as a firm's competitive advantage.
Knowledge Sets
Collections of information, skills, and expertise that an individual or system possesses.
Integrated
Integrated refers to systems, processes, or organizations that are coordinated and combined in a unified manner, ensuring seamless operation and efficiency.
- Recognize and explain the concept of core competencies within an organization.
Verified Answer
MY
MAYRA YANEZMay 09, 2024
Final Answer :
True
Explanation :
Core competencies are the unique abilities or expertise that a company possesses and uses to gain a competitive advantage in the marketplace. These competencies are developed over time through training, experience, and organizational learning, and they allow the company to deliver value to customers and differentiate itself from its rivals.
Learning Objectives
- Recognize and explain the concept of core competencies within an organization.
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