_______ are the organizations major value creating skills, capabilities and resources that determine the organizations competitive weapons
A. Strengths
B. Opportunities
C. Core competencies
D. Weaknesses
Answer: Option C
Solution(By Examveda Team)
Core competencies are the organizations major value creating skills, capabilities and resources that determine the organizations competitive weapons. Core competencies are the resources and capabilities that comprise the strategic advantages of a business. A modern management theory argues that a business must define, cultivate, and exploit its core competencies in order to succeed against the competition.Related Questions on Strategic Management
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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