Homework Clinic

Social Science Clinic => Economics => Topic started by: Tazate on May 25, 2020

Title: A 'core competence' refers to the main activity of a business.
Post by: Tazate on May 25, 2020

Question 1

As well as creating value directly themselves, most firms buy in certain value-chain activities, such as employing another firm to do their advertising, or using an external delivery firm to distribute their products. Outsourcing has the advantage of minimising transactions costs.
◦ true
◦ false

Question 2

A 'core competence' refers to the main activity of a business.
◦ true
◦ false

Title: A 'core competence' refers to the main activity of a business.
Post by: mrphibs on May 25, 2020

Answer 1

false

Answer 2

false