Which of the following is NOT considered a key characteristic of a core capability: a. It is based on factors that are rare or unique to the firm. b. It is hard to imitate. c. It does not need to be extendable to many market opportunities. d. There are few substitutes for it.

Question

Mckinney

Business

28 July, 04:15

Which of the following is NOT considered a key characteristic of a core capability: a. It is based on factors that are rare or unique to the firm. b. It is hard to imitate. c. It does not need to be extendable to many market opportunities. d. There are few substitutes for it.

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Answers (1)

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Cassidy Sanford · Answer 1

c. It does not need to be extendable to many market opportunities

Explanation:

The core competency is a be explained as horizontal a combination of the multiple resources and skills that separates them from the market place and thus forms the companies competitiveness. Hence it based on the unique factors of the firms and hard to copy and as few substitutes exist for it. It provides a potential access to a wide variety of markets.