The relationship between core competencies and competitive advantage is best described by which statement?
A)Strengthening a company's competitive advantage strengthens its core competencies.
B)A company's core competencies become the nucleus of its competitive advantage.
C)As a company's core competencies become stronger, its competitive advantage becomes weaker.
D)There is no relationship between core competencies and competitive advantage.

Question

Quizplus · Accepted Answer

Core competencies are the unique and valuable capabilities that a company possesses that allow it to outperform its competitors. These competencies become the nucleus of a company's competitive advantage as they are difficult to imitate by competitors and can lead to increased customer value and market share. Strengthening core competencies further strengthens a company's competitive advantage.

The Relationship Between Core Competencies and Competitive Advantage Is Best