How does possessing a core competence help a firm? A. It helps a firm

QUESTION

How does possessing a core competence help a firm?

A. It helps a firm to create value in such a way that premium pricing is impossible.

B. It reduces a firm’s dependence on its logistics function.

C. It enables a firm to reduce the costs of value creation.

D. It reduces the scope of transfer of skills to foreign markets.

E. It reduces the need to replicate a business model in a foreign market.

ANSWER

C