Core Competency: Business concept of the day
Business Development
20 Jul 2018, 11:33 — 1 min read
Definition: Core competency is the harmony of skills and resources that distinguish a firm in the marketplace.
Example: Building waterproof casings for all types of phones was the core competency around which the manufacturing company built its success.
Business Insight: Core competencies can provide a platform on which to create sustainable growth for a company.
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