A Core Competence

Multiple Choice

A core competence

A) is a more competitively valuable strength than a competence because of the key role the activities play in the company's strategy.
B) typically has competitive value, the amount of which is reflected in the physical and tangible assets on a company's balance sheet.
C) usually is grounded in the technological expertise of a particular department or work group.
D) is more difficult for rivals to copy than a distinctive competence.
E) refers to a company's lowest-cost and most efficiently executed value-chain activity.