A distinction can be drawn between firms whose core competency is in which of the following?
A)scale of entry and strategic commitments
B)location and experience curves
C)acquisitions and greenfield ventures
D)technological know-how and management know-how
E)cost reductions and entry mode

Question

Quizplus · Accepted Answer

The distinction between firms' core competencies can be drawn between their technological know-how and management know-how. Some firms excel in developing new technologies or leveraging existing ones, while others have strong managerial expertise in areas such as marketing, operations, or human resources. These core competencies are different from other factors such as location, entry mode, and cost reductions that may also affect a firm's competitiveness.

A Distinction Can Be Drawn Between Firms Whose Core Competency