Successful firms concentrate on their core competencies and outsource all other activities.

Name: Successful firms concentrate on their core competencies and outsource all other activities.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Successful firms focus on their core competencies, which are the activities that they do best and that give them a competitive advantage. They outsource all other activities to other companies that can do them more efficiently or effectively.

Successful Firms Concentrate on Their Core Competencies and Outsource All