Multiple Choice
In 1990,C.K.Prahalad and Gary Hamel introduced the concept of "core competence." Their argument was that:
A) Competence was more important than capability as a basis for sustainable competitive advantage
B) Management should build strategy on competences rather than resources
C) Strategy should be focused on both exploiting and developing firms' core competences
D) Competitive advantage rather than industry attractiveness was the primary source of superior profitability
Correct Answer:

Verified
Correct Answer:
Verified
Q1: The analysis of resources and capabilities is
Q2: In general,higher level capabilities that involve cross-functional
Q3: The key lesson from the failure of
Q5: There are two primary sources of profit
Q6: To identify a firm's resources and capabilities,it
Q8: Intangible resources tend to be more valuable
Q9: Benchmarking is an objective way of assessing
Q11: The difference between a resource and a
Q36: Enterprise Resource Planning software (such as that
Q46: "Benchmarking" is:<br>A)A process to ensure that a