When an activity becomes something a company has learned to perform proficiently and capably,it is said to have:
A) a competence.
B) a competitive advantage over rivals.
C) a key value chain proficiency.
D) a distinctive capability.
E) a resource advantage.

Question

Quizplus · Accepted Answer

When a company has become proficient and capable in performing an activity, it is considered a competence - a particular skill or ability a company possesses within its resource base. This can provide the company with a foundation for building competitive advantage by leveraging its strengths in specific areas.

When an Activity Becomes Something a Company Has Learned to Perform