BMIS – L1 – SA – Q8.1 – Finance, R&D and Marketing Strategies

A core competence is when an organisation performs all non-core activities itself.

A True

B False

B

Explanation:
A core competence refers to the skills, activities, or processes that an organisation can perform better than its rivals. It does not involve performing all non-core activities itself, as these are typically non-essential tasks that may be outsourced. The correct answer is B (False) because core competences focus on what the organisation excels at, not on handling all non-core activities internally.