Which of the following tools can help identify and build core competencies?
A)Porter's five forces model and value chain analysis
B)Scanning and the four criteria of sustainable competitive advantage
C)Value chain analysis and the four criteria of sustainable competitive advantage
D)Porter's five forces model and internal analysis

Question

Quizplus · Accepted Answer

Value chain analysis helps identify the activities that contribute to a firm's competitive advantage, while the four criteria of sustainable competitive advantage help to build and strengthen a firm's core competencies. Porter's five forces model and internal analysis can provide additional insights, but they are not specifically focused on identifying and building core competencies.

Which of the Following Tools Can Help Identify and Build