What is meant by "core competency" and why is it important

Assignment Help Management Theories

Reference no: EM133269349

Question: What is meant by "core competency" and why is it important for a firm to clearly define same for itself? As a second part to this question, we discussed that firms can change this from time to time....and that can be dangerous if done for the wrong reasons or over the wrong time horizons. Why?

Reference no: EM133269349

Questions Cloud

Ease of programming or speed of computation : Imagine yourself writing computer programs in the future. Which do you think would be generally more important to your programming goals: ease of programming or

Explain the terms inter-organizational relationships : Explain the terms 'inter-organizational relationships', 'organizational eco-systems' and 'resource dependence'. Discuss how these affect the role of management

What is the reclaiming of big government : What is the "reclaiming of big government" accomplished under President Bill Clinton? What did it mean for the average person in need of assistance from state?

Describe the components of an auditor report : Describe the components of an auditor's report. Discuss the types of audit reports that auditors issue for publicly traded firms

What is meant by "core competency" and why is it important : UGBA University of California, Berkeley What is meant by "core competency" and why is it important for a firm to clearly define same for itself

Add 4 records-one with full name : Write new program which will demonstrate all you learnt. It should:

Determine the amount he must deposit annually : Jack is celebrating his 24th birthday today. He wants to start saving in one year's time, Determine the amount he must deposit annually

List 3 proactive response strategies businesses have used : MGMT 302 Fayetteville State University List 3 Proactive Response strategies businesses have used during COVID-19 and give an example of each

Describe an important goal from your work : BBA 450 Northern Arizona University Describe an important goal from your work or social environment. Why is the goal important? Is it helpful to the organizatio

User Account

All Pages