core competence

listen to the pronunciation of core competence
Englisch - Türkisch
temel yetkinlik
Englisch - Englisch
Primary area of expertise Narrowly defined fields or tasks at which a company or business excels Primary areas of specialty
The core competence of a company forms the company’s ‘working capital’ in the form of knowledge and skills of people and in the form of immaterial, material and financial resources a company must have to be able to produce its current products and services as well as create new products and services with which new markets can be opened up When a company focuses on its core competences, it will always try to have the right people and resources at its disposal to be able to realise its present and future business operations If a certain competence is not available within a company, the company will for example have to recruit new staff, enter into strategic alliances with other companies or create the required competence by means of research, development and training
That capability at which a company does better than other firms, which provides them with a distinctive competitive advantage and contributes to acquiring and retaining customers Something that a firm does better than other firms The purest definition adds "and is also the lowest cost provider "
A bundle of skills and technologies which enable a company to build useful products for customers Core competencies can create future opportunities if exploited fully and facilitate the development of new products and new ways of doing business
The combination of individual skills and use of technologies that underlay the various products and or services of a business
core competence

    Silbentrennung

    core com·pe·tence

    Türkische aussprache

    kôr kämpıtîns

    Aussprache

    /ˈkôr ˈkämpətəns/ /ˈkɔːr ˈkɑːmpətɪns/

    Etymologie

    [ 'kOr, 'kor ] (noun.) 14th century. Middle English.
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