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When a company is good at performing a particular internal activity it is said to have?a distinctive competence is a competitively relevant internal activity that a firm performs especially well relative to other internal activities, whereas a core competence is a competitively important activity performed by key strategic allies.
What resources and competitive capabilities does a company need to have to be competitively successful?Businesses can develop core competencies by identifying key internal strengths and investing in the capabilities valued by their customers.. Innovation of Cutting Edge Products. ... . Quality and Reliability. ... . Exceptional Customer Service. ... . Stay Flexible to Stay Competitive. ... . Other Core Competencies.. How can you determine whether a given resource such as a competence is truly competitively superior?For a particular company resource/capability to have real competitive power and perhaps qualify as a basis for competitive advantage, it should: be hard to copy, be rare and something rivals lack, be competitively valuable, and not be easily trumped by substitute resource strengths possessed by rivals.
When an activity becomes something a company has learned to perform proficiently and capably?When an activity becomes something a company has learned to perform proficiently and capably, the company is said to have: A. a competence.
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