A manufacturing company that has been in business for several years decided to discontinue production of some of their low-selling products and focus on their areas of expertise.The company innovated a new product with unique value.This is an example of using
A)competitive advantage.
B)core competency.
C)empowerment.
D)management skills.
E)management strategies.

Question

Quizplus · Accepted Answer

Management was focusing on the company's area of expertise.Core competency is a specific set of departmental skills, knowledge, and experience that allows one organization to outperform another.

A Manufacturing Company That Has Been in Business for Several