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laila [671]
3 years ago
14

Core Competencies:

Business
1 answer:
soldier1979 [14.2K]3 years ago
6 0

Answer:

1)A core competency, in generally, has the meaning as  a concept in management theory and it is defined as "a harmonized combination of multiple resources and skills that makes distinguish compared to another competitors.

2) Key core competency should have the following set of characteristics to determine for organizations:

value - it must be rare and irreplaceable;

uniqueness - should exclude copying;

availability - the company should be able to use it

Explanation:

A core competency, in generally, has the meaning as  a concept in management theory and it is defined as "a harmonized combination of multiple resources and skills that makes distinguish compared to another competitors.

The core competency of an organization is competency that provides a competitive advantage.

Key core competency should have the following set of characteristics to determine for organizations:

value - it must be rare and irreplaceable;

uniqueness - should exclude copying;

availability - the company should be able to use it

Core competencies can take many forms, including technical / substantive know-how, a reliable process and / or strong relationships with customers and suppliers. A systematic approach to the analysis of the development of competitive advantages is carried out through the concept of the value chain (value chain), first proposed by Michael Porter in the book "Competitive Advantage".

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ABC provides music for special occasions. On January 14, the Smith family hired ABC for an upcoming family wedding for an agreed
OLga [1]

Answer:

Debit Cash account (with the amount received)

Credit Accounts receivables (with the amount received)

Explanation:

Revenue is not recorded until the recognition criteria for the recognition of  revenue has been met and this includes;

  • the corresponding cost incurred in generating revenue can be reliably measured
  • the goods or service has been delivered

Given that the service was performed in May, when half of the fee was received in April, the required entries then was

Debit Cash account

Credit Unearned revenue (with the amount received being half payment)

when the service was performed in May,revenue was earned

Debit Unearned revenue (with the amount received being half payment)

Debit Accounts receivable  (with the amount yet to be received being half payment)

Credit Revenue (with the amount agreed for the service)

In June when the final payment is received,

Debit Cash account (with the amount received)

Credit Accounts receivables (with the amount received)

3 0
3 years ago
Vitalink company does marketing research and then plans, creates, and places various forms of paid communications about its clie
USPshnik [31]

Vitalink company does marketing research and then plans, creates, and places various forms of paid communications about its clients' products and services. vita link company is an advertising agency.

Advertising agencies work with businesses to design and execute advertising campaigns and measure their success. You can also oversee promotions, branding, and marketing strategies.

The Big Five Advertising Agencies consist of WPP plc, Omnicom Group, Publicis, Interpublic Group of Companies, and Dentsu. Global advertising spending exceeded $563 billion in 2019. North America is the largest investor in this sector, followed by Asia and Western Europe.

External companies are known as advertising agencies. Examples of international advertising agencies are WPP and Omnicom Group.

Learn more about advertising agencies here: brainly.com/question/15611949

#SPJ4

3 0
1 year ago
“ She turned to her shoulder partner to make sure that she had all that was presented” This is a active sentence how do you turn
Tpy6a [65]

Answer:

A shoulder was turned towards her partner to make sure everything that was presented was taken by her.

Explanation:

In order to change the active sentences into passive sentences, the object in the active sentence is changed into the subject. For example in the above given example, the object is shoulder which is changed into the subject and then the sentence is formed accordingly.

So now it becomes "A shoulder was turned towards her partner to make sure everything that was presented was taken by her."

I hope the answer is helpful.

Thanks for asking.

7 0
3 years ago
Because of an accident Royce was involved in, his insurance company has increased his annual premium for auto insurance by 5.2%.
lapo4ka [179]

Answer:

D) $571.24

Explanation:

Royce' premiums for the  previous year were:

  • bodily injury $22.50
  • property damage $144.75
  • collision $275.75
  • comprehensive $100

The total premium of the policy was $543

Since the premiums will increase by 5.2%, the new total premium will be = $543 x 1.052 = $571.24

4 0
3 years ago
Read 2 more answers
After an initial investment of $20,000, Joseph's bank account has earned $16,000 in interest over the last 10 years. At what rat
Daniel [21]

Answer:

what rate is he earning interest

Interest rate is 8%

Explanation:

I = C·i·t,

C Initial Investement

i Anul interest rate

t time

 

16000=20000*i*10

16000=200000*I

I=16000/200000

I=0,08

I=8%

6 0
3 years ago
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