Skills within the firm that competitors cannot easily match or imitate are referred to as:
A)core competencies.
B)global competencies.
C)in-born skills.
D)competitive strengths.

Question

Quizplus · Accepted Answer

Core competencies are skills or capabilities within a firm that are unique and difficult for competitors to replicate or imitate, providing a sustainable competitive advantage. These skills may include technology, marketing, research and development, and customer service. Global competencies, in-born skills, and competitive strengths do not necessarily refer to unique capabilities that competitors cannot easily match or imitate.

Skills Within the Firm That Competitors Cannot Easily Match or Imitate