--%>

What is core competence

Core competence: "A core competency is an area of specialized expertise that is the result of harmonizing complex streams of technology and work activity."

Core competencies are the majority important value generating skills within an organization and key areas of expertise which are different and only belonging to an organization. They are indispensive to the company's long term growth.

An organization’s core competencies are the things that they can do better than their competitors in the critical areas where the most value is added to the products. These areas of expertise can be any from sales and marketing to market research, from product development to human recourse management.

   Related Questions in Biology

  • Q : Chemical equation for the formation of

    State the chemical equation explaining the formation of bicarbonate from the carbon dioxide and water? What enzyme is responsible for catalyzing this reaction?

  • Q : Explain extracellular digestion

    Extracellular digestion: It is that digestion in which food breaking into utile molecules which can be internalized by the cell is prepared in the extracellular space, that is, exterior the cell. In extracellular digestion the cells secret substances

  • Q : Define Market Entry Market Entry : The

    Market Entry: The activities related with bringing a service or product to a targeted market. Throughout the planning phase, a company will consider the blockades to entry, the costs of marketing, sales and delivery, and the predicted

  • Q : Define Resource Management Resource

    Resource Management: It is the proficient and effective deployment and assigning of an organization's resources when and where they are required. These resources might comprise financial resources, inventory, production resources, human skills, or inf

  • Q : Telemarketing results What results can

    What results can be predictable from Telemarketing?

  • Q : Industrial revolution in England How

    How did industrial revolution in the England provide an example of the natural selection?

  • Q : Name the animals which make cutaneous

    Name the animals which make cutaneous respiration?

  • Q : Significance of primary structure of a

    Explain the primary structure of a protein? What is the significance of primary structure?

  • Q : Describe the kinds of leukocytes

    Describe the kinds of leukocytes and how are they categorized into agranulocytes and granulocytes?

  • Q : Define Sales Presentations Sales

    Sales Presentations: It is an event at that a company representative meets along with clients to illustrate the products and services of company, with the objective of making a sale. It is a significant part of the marketing process, like they permit