core competency

An important special capability or expertise; especially that of a business affording it sustainable competitive advantage.

The publishers core competency was paperbacks, but they decided to branch out into online publishing.


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  • Core competency — A core competency is a concept in management theory originally advocated by CK Prahalad, and Gary Hamel, two business book writers. In their view a core competency is a specific factor that a business sees as being central to the way it, or its… …   Wikipedia

  • Core competency — Primary area of competence. Narrowly defined fields or tasks at which a company or business excels. Primary areas of specialty. The New York Times Financial Glossary * * * core competency ˌcore ˈcompetency noun [countable, uncountable] another… …   Financial and business terms

  • Core Competency — A narrowly defined field or task at which a company excels. A firm s core competencies are difficult for its competitors to mimic, allowing the company to differentiate itself. Most core competencies will be applicable to a wide range of business …   Investment dictionary

  • core competency — See core skill …   Big dictionary of business and management

  • core competency — …   Useful english dictionary

  • CORE COMPETENCY - основная компетенция — основные области специализации; строго определенные области деятельности, в которых компания превосходит остальных …   Словарь электронного бизнеса

  • core skill — core competency Any distinctive capability that endows a particular business with a competitive advantage over its rivals. The degree to which the business can exploit this unique competence varies according to the extent to which it can be… …   Big dictionary of business and management

  • Core Competencies — The main strengths or strategic advantages of a business. Core competencies are the combination of pooled knowledge and technical capacities that allow a business to be competitive in the marketplace. Theoretically, a core competency should allow …   Investment dictionary

  • Core concern — In computer science, a core concern is one of the main concerns a program is written for. The main coding of the application is to satisfy the core concerns, such as doing the tasks as visualized. Other coding which is to document changes,… …   Wikipedia

  • core competence — Primary area of expertise. Narrowly defined fields or tasks at which a company or business excels. Primary areas of specialty. Bloomberg Financial Dictionary * * * core competence core competence ➔ competence * * * core competence UK US noun [C… …   Financial and business terms

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