Save
Business
3.7 Strategic Position
Overall Performance
Save
Share
Learn
Content
Leaderboard
Share
Learn
Created by
ryan herbert
Visit profile
Cards (5)
What are some examples of non-financial performance data?
Absenteeism
Job satisfaction
Accreditations
Lead time
Market share
Goods and returns
(customer reviews)
View source
What are other relevant non-financial measures for a business?
Environmental performance
Compliance regulation
Health and safety record
Social media reach
View source
What is a core competence?
It is something unique that a business has or can do strategically well.
View source
How does competitive advantage differ from core competence?
Competitive advantage is the
overall
advantage
in the
marketplace
, while core competence refers to
specific
abilities
contributing to that
advantage.
View source
What are the core building blocks of competitive advantage?
Core competencies
Unique abilities
Areas of expertise
View source