A ________ is a resource or capability that serves as a source of a firm's competitive advantage over its rivals.
A) foundational competency
B) core competency
C) distinctive attribute
D) center attribute
E) core element

Question

Quizplus · Accepted Answer

A core competency is a key strength or advantage of a company. It is something that the company does particularly well and distinguishes it from its competitors. It can be a specific skill, technology, process, or knowledge that is unique to the company and difficult for competitors to replicate. A foundational competency, distinctive attribute, center attribute, or core element are not commonly used terms in strategic management and do not accurately describe a firm's competitive advantage.

A ________ Is a Resource or Capability That Serves as a Source