Question

Which of the following is not a characteristics of core competency
A) valuable
B) tangible
C) rare
D) inimitable

Answer 1

Explanation:

The characteristics of core competencies are as follows:

They rpovide a set of unifying principles for the organization and they are pervasive in all strategies.

They provide access to a variety of markets.

They are critical in producing end products.

They are rare or difficult to imitate.

Answer 2

Option b) Tangible

Core Competencies:

• A resource or capability that gives a company a competitive advantage is referred to as a core competency.
• The operational or business tasks that a corporation excels at are known as its core competencies.
• The key competences of a corporation set it apart from other players in its industry.
• Additionally, they are the assets and skills that enable the business to turn a profit.
• Resources can also be divided into intangible and tangible categories.
• Physical assets like furniture or real estate are known as tangible resources.
• Non-physical assets like reputation, brand equity, and exceptional organisational design are examples of intangible resources.

The criteria for core competencies:

1. Remarkable

2. Rare

3. Expensive to copy.

4. Non-replaceable

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