core competence
What core competence means in Business A-Level, as defined for AQA.
Definition of core competence
Check what you remember
Read the wording for your board, then hide it and explain core competence in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Something the firm does distinctively well that customers value, that rivals find hard to copy, and that can be carried into more than one market.
Topics that use core competence
- Analysing the existing internal position of a business to assess strengths and weaknesses: overall performance (AQA A-Level)
Related terms
- capacity utilisation and productivity
- core rigidity
- measurement limitations
- non-financial performance data
- profit, people and planet
- short termism
- stakeholder perspective
- stakeholder priorities
Using core competence in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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