GK
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -For any organization, its core competency refers to the capabilities, knowledge, skills and resources that constitute its “defining strength.” A company’s core competency is distinct, and therefore not easily replicated by other organizations, whether they’re existing competitors or new entrants into its market.
Detailed explanation-2: -“A distinctive competency is any capability that distinguishes a company from its competitors.
Detailed explanation-3: -Core competencies are the resources and capabilities that comprise the strategic advantages of a business. A modern management theory argues that a business must define, cultivate, and exploit its core competencies in order to succeed against the competition.