Which of the following is an element in the 'core competence approach'?
A) Arriving at the lowest highest possible quality for each transaction.
B) Provision of unique value to the customer.
C) Comparing whether to perform an activity internally or outsource the activity in the market.
D) The evaluation of the suppliers.

Question

Which of the following is an element in the 'core competence approach'? 
A) Arriving at the lowest highest possible quality for each transaction. 
B) Provision of unique value to the customer. 
C) Comparing whether to perform an activity internally or outsource the activity in the market. 
D) The evaluation of the suppliers.

Quizplus · Accepted Answer

The core competence approach focuses on providing unique value to the customer. Option A is not a part of the approach as it suggests compromising on quality. Option C and D are related to outsourcing and supply chain management which are not directly related to the core competence approach.

Which of the Following Is an Element in the 'Core