How does possessing a core competence help a firm?
A. It helps a firm to create value in such a way that premium pricing is impossible.
B. It reduces a firm's dependence on its logistics function.
C. It enables a firm to reduce the costs of value creation.
D. It reduces the scope of transfer of skills to foreign markets.
E. It reduces the need to replicate a business model in a foreign market.
C
You might also like to view...
Which disclosure method do most companies use to display the components of other comprehensive income?
a. Combined statement of retained earnings b. Second income statement c. Combined statement of comprehensive income d. As part of the statement of stockholders' equity
Which question is most relevant to a Web-Star salesperson who is trying to tailor a presentation to a prospect's specific needs for Web conferencing software?
A) What is the prospect's budget for the purchase? B) How familiar is the prospect with Web conferencing software in general? C) What level of technical expertise does the prospect have with computer software? D) Has the prospect been using paid or free Web conferencing software for meetings? E) How will the prospect be using Web conferencing software with its clients and employees?