Core Competencies of Business Strategy

"Core competence an important business capability that gives it a competitive advantage, core product made from a business’s core competencies, but not for final consumer or ‘end’ user. To be of commercial and profitable benefit to a business, a core competence should: • provide recognizable benefits to consumers • not be easy for other firms to copy, e.g. a patented design • be applicable to a range of different products and markets. "