core competencies
Definition
Cluster of extraordinary abilities or related 'excellences' that a firm acquires from its founders, after consistent striving over the years, and which cannot be easily imitated. Core competencies are what give a firm one or more competitive advantages, in creating and delivering value to its customers in its chosen field. Also called core capabilities or distinctive competencies. See also core rigidities.
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core competencies is in the Decision Making, Problem Solving, & Strategy and Entrepreneurship, Management, & Leadership subjects.
core competencies appears in the definitions of the following terms: core capabilities, competency modeling, distinctive competencies, affiliate model, competitive advantage, asset-led marketing, core rigidities, core activities and rationalization
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