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    distinctive competence to describe those things that an organisation does particularly well relative to its competitors." Prahalad and Hamel coined the term core competences to distinguish those capabilities fundamental to a firm's strategy and performance." Core competences, according to Hamel and Prahalad...
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  • Indian Automobile Industry
    availability of components and competence; the global auto companies are looking at India as the manufacturing hub for the next generation models. India is poised to become small car hub, not only in terms of production but also product development. Global car majors like Nissan, Hyundai, General Motors...
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  • Hyundai
    succeed in the global car industry? ■ Competitive advantage- An individual company has a competitive advantage when it possesses one or more sources of distinctive competence relative to others, allowing it to perform better than its competitors. ■ Instead of FDI as in Canada, HMC began exporting...
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  • 3m Innovation Way
    )  Case: Kindle (HBS)  Case: Amazon Web Services (HBS)  Case: Geox (HBS) New Product Management 27 Introduction – Technology Strategy  Technology is a resource (like human, financial and information resources) and a potential source of distinctive (“core”) competence  To manage technology...
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  • The Core Competence of the Corporation
    competencies underlying them, disparate businesses become coherent. It is Honda’s core competence in engines and power trains that gives it a distinctive advantage in car, motorcycle, lawn mower, and generator businesses. Canon’s core competencies in optics, imaging, and microprocessor controls have...
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  • Strategic Hrm: Case Study of Luxury Cars
    mission and direction, an appreciation in general terms of where the company is going and why. This may include articulation of core values, distinctive competencies and corporate vision. SHRM also focuses on translating the complex and dynamic set of internal and external variables, which an...
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  • Management Study
    . Some of these companies have also established foundations to cater to the needs of society. Q5. Distinguish between core competence, distinctive competence, strategic competence and threshold competence. Use examples. | Ans:- Core Competence Core competence of a company is one of its...
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  • Mb0052
    protects the company mission, objectives and profitability. 5. Distinguish between core competence, distinctive competence, strategic competence and threshold competence. Use examples. Competence is the ability to perform a task or achieve some objectives. Competence levels vary across organizations...
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  • Exam Paper
    processes. Q.5. Distinguish between Core Competence, Distinctive Competence, Strategic Competence and Threshold Competence. Use examples. Answer: Core Competence Core competence of a company is one of its special or unique internal competences. Core competence is not just a single strength or...
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  • Tiles
    . Companies like Infosys, Wipro, Hero Honda, ITC, Dr. Reddy’s, Godrej, Mahindra & Mahindra and Tata Steel are the foremost among them. Some of these companies have also established foundations to cater to the needs of society. |Q5. Distinguish between core competence, distinctive competence...
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  • Global Speed of Trust Practice
    .” Four Cores of Credibility The 4 Cores of Credibility focus on Character (Integrity and Intent) and Competence (Capabilities and Results). Building on Character and Competence analysis, FranklinCovey has developed linguistic analytics regarding the 4 Cores of Credibility comparing you to your...
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  • Class Work
    -3: Core Competencies of the Corporation Identifying Core Competencies Three t t h ld b Th tests should be applied to identify core competencies in a company. li d t id tif t i i 1. A core competencies provides potential access to a wide variety of markets. For example, competence in display system...
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  • Toyota's Strategy and Initiatives in Europe
    detail and efficiency and was a distinctive competence which Toyota held. The resource would be very difficult to copy, allowed cost savings over rivals through efficiency. 4. Innovation of co-operation - Toyota joined forces with PSA. The joint plant in the Czech Republic started operations in 2004...
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  • International Marketing
    * Skin care vs. Beauty care * Only a Japanese company knows how to take care of the delicate Japanese skin * KAO Vs. P &G (Diapers) * Conclusions * Cultural differences will always exist * Cultural compatibility of your core competence is...
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  • 360DEGREE
    -leader, but they combine the advantages of both approaches. A somewhat distinctive product that is mid-range-priced can be a bigger draw to customers than a cheap generic product or an expensive special one. Q4 Differentiate between core competence and distinctive competence. Core competence of a...
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  • Diseño de Una Estrategia Tecnológica
    Technology Strategy I. The role of technology strategy: 1. Technology is a resource (like human, financial and information resources) and a potential source of distinctive (“core”) competence. 2. To manage technology as a resource and distinctive competence, a technology strategy must be...
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  • Eassy
    also established foundations to cater to the needs of society. Question 5 – Distinguish between core competence, distinctive competence, strategic competence and threshold competence? Use example. Answer 5- Core Competence Core competence of a company is one of its special...
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  • Assignment-Strategic Mgmnt and Buisness Policy
    “Groceries at a low cost”. 3. The core competency of Dell can be said to be “custom made PC direct from manufacturer at a low cost”.  4. The core competence of Canon lies in optics, imaging and laser control. DISTINCTIVE COMPETENCE A distinctive competency is a competitively valuable...
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  • google
    against the industry's driving forces. E. they provide extra organizational muscle in turning a core competence into a key success factor. 32. When a company has real proficiency in performing a competitively important value chain activity, it is said to have A. a distinctive competence. B. a...
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  • Fdi in Automobiles in India
    greater amount of the work involved in producing cars than was the case in the past. The assemblers are focusing increasingly on their core competences and seeking partners for the provision of complementary competences. Palpacuer [1996: 23-24] defines the core activities in terms of the value-adding...
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