Which of the following involves taking a distinctive competency developed by a business unit in one industry and implanting it in a business unit operating in another industry?
A) Sharing resources and capabilities
B) Leveraging competencies
C) Transferring competencies
D) Product bundling
E) Strategic management capabilities

Question

Quizplus · Accepted Answer

Transferring competencies involves taking a distinctive competency developed in one business unit and implanting it in another unit operating in a different industry. Sharing resources and capabilities and leveraging competencies refer to utilizing the same resources and competencies across different business units within the same industry. Product bundling involves selling two or more products together as a single combined unit. Strategic management capabilities refer to the ability of a firm to effectively develop and execute its strategic plans.

Which of the Following Involves Taking a Distinctive Competency Developed