Question: Define the term core competency and describe why its important for a firm to have one or more core competencies. How do a companys core

Define the term core competency and describe why it’s important for a firm to have one or more core competencies. How do a company’s core competencies help shape its business model?

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Core competency refers to a unique set of capabilities and strengths that distinguish a company from its competitors and enable it to create and deliver value to customers These competencies typically ... View full answer

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