CS Professional SMCF Practice Questions - ICSI CS Professional Strategic Management & Corporate Finance (Paper 5) Exam

In strategic management, the term 'core competence' as popularised by Prahalad and Hamel BEST refers to:

A collective learning and skill that provides access to many markets and is hard to imitate A short-term cost-cutting programme The total assets shown on the balance sheet A regulatory licence granted by the government

Correct Answer:

A collective learning and skill that provides access to many markets and is hard to imitate

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