Which of the following is not a condition specified by Hamel and Prahalad (1990)?
A.
Core competency should be aimed at protecting company interests
B.
Core competency is hard for competitors to imitate
C.
Core competency provides customer benefits
D.
Core competency can be leveraged widely to many products and markets
Explanation:
Reference:
http://www.studymode.com/essays/Hamel-Prahalad-Core-Competency1228370.html
p–Answer: A
Reference:http://www.studymode.com/essays/Hamel-Prahalad-Core-Competency-1228370.html
The answer is A.
But, why this question in ECSA?
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A core competency is a concept in management theory introduced by, C. K. Prahalad and Gary Hamel. It can be defined as “a harmonized combination of multiple resources and skills that distinguish a firm in the marketplace”.
Core competencies fulfill three criteria:
1. Provides potential access to a wide variety of markets.
2. Should make a significant contribution to the perceived customer benefits of the end product.
3. Difficult to imitate by competitors.