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| Topic: |
Business
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| Number of pages / Number of words: |
10 / 2780 |
Essay's paper body
Homeserve have a respected national reputation with their members making sure that the culture is friendly which proves a greater alliance between the two.
2.1 - Core Competencies
A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
A core competency can take various forms, including technical/subject matter know how, a reliable process, and/or close relationships with customers and suppliers (Macarena’s et al...
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1998). It may also include product development or culture such as employee dedication. Modern business theories suggest that most activities that are not part of a company's core competency should be outsourced.
If a core competency yields a long term advantage to the company, it is said to be a sustainable competitive advantage...
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