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Examveda

The concept Core competence was developed by

A. Schwiz Marker

B. Peter Schiffman

C. Prahalad and Gary

D. None of the above

Answer: Option C

Solution(By Examveda Team)

The concept Core competence was developed by Prahalad and Gary. It can be defined as "a harmonized combination of multiple resources and skills that distinguish a firm in the marketplace" and therefore are the foundation of companies' competitiveness.

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