Question 20A special strength that gives an organization a competitive advantage can be called…

➤ Why are core competencies important for competitive advantage?
Core competencies create sustainable advantage by enabling innovation, market entry, and superior customer value while raising imitation costs. They guide resource allocation and strategic choices. Firms that leverage competencies can scale offerings, improve margins, and strengthen brand loyalty. Measure impact with market share, margin improvements, and customer retention to confirm lasting value.