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21 December, 16:32

Which of the following BEST describes a distinctive competency of a firm?

A. A series of pre-established systems to sort online content

B. A value a competitor doesn't offer

C. A capability that is superior to the competition

D. The idea that groups within the organization are smarter than any single person

E. How players in the value chain work together

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Answers (1)
  1. 21 December, 19:20
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    C. A capability that is superior to the competition

    Explanation:

    Distinctive competency of a firm simply refers to a firm's unique capability which makes the firm stand out in an area (areas such as marketing activities, technology etc) among their competitors. Distinctive competence makes a firm have an advantage over others, as well as perform better than other competitors.

    For example, the distinctive competency of Apple is their ability to create well-designed products that are customer-centric and friendly to use.
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