Question

Every organization has many resources, capabilities, and routines; however, those few things the company does really well and are performed with a very high proficiency are termed

a) Core competencies

b) Distinct capabilities

c) Sustainable activities

d) Socially complex activities

Answer 1

The company's highly proficient and well-executed unique strengths are called core competencies. These competencies are pivotal to the company's success and provide a competitive edge. The strengths-based management approach aligns individual strengths with these core competencies to enhance performance.

Step-by-step explanation:

The few things that a company does really well and are performed with a very high proficiency are termed core competencies. Core competencies are unique strengths of an organization that provide competitive advantages because they are hard for competitors to imitate. They are often central to the company's success and are typically a focus when creating strategies for the future.

Another concept related to organizational strength is strengths-based management, which suggests that focusing on an individual's strengths rather than their weaknesses leads to better organizational performance. Merging individual strengths to a company's core competencies can dramatically improve effectiveness and success.