An example of a core competency of a firm is
A. the corporate reputation
B. communicating with customers in their own languages worldwide
C. developing least squared exemptions within its accounting system
D. evaluating tangible and intangible assets
Answer: Option B
Solution(By Examveda Team)
An example of a core competency of a firm is communicating with customers in their own languages worldwide. Core competencies differentiate an organization from its competition and create a company's competitive advantage in the marketplace. Typically, a core competency refers to a company's set of skills or experience in some activity, rather than physical or financial assets.Strategy is developed by the visionary chief executive in ___________ mode of strategic management
A. planning mode
B. adaptive mode
C. strategic mode
D. entrepreneurial mode
Stability strategy is a ____________ strategy
A. corporate level
B. business level
C. functional level
D. strategic level
What are the means by which long term objectives will be achieved?
A. Strategies
B. Policies
C. Strength
D. Opportunities
Marketing strategy is a ___________ type of strategy
A. business level
B. Growth strategy
C. corporate strategy
D. functional strategy
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