The management of Entertainment Electronics sees itself as a topnotch producer of components used in DVD and Blu-ray players. The outstanding performance of the production department indicates that this activity is one of the firm'sA) fiscal responsibilities. B) core competencies. C) benchmark assets. D) target competitive advantages.

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Business

Jade Hernandez

9 August, 03:43

The management of Entertainment Electronics sees itself as a topnotch producer of components used in DVD and Blu-ray players. The outstanding performance of the production department indicates that this activity is one of the firm'sA) fiscal responsibilities. B) core competencies. C) benchmark assets. D) target competitive advantages.

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Dillan Elliott · Answer 1

Answer: b. Core competencies

Explanation: A company's core competencies are the characteristics of the company that makes them stand out from competition. In other words, they are combination of multiple resources, knowledge, expertise and skills that differentiates them in the marketplace thereby forming a basis for competitiveness.

To be classified as a core competency, the activity must provide superior value or benefits to the end-user, should be difficult to replicate or imitate by a competitor and sometimes rare.