Multiple choice general knowledge

what does CC stand for?

  1. critical competency

  2. cost critical

  3. core competency

  4. close competency

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

CC stands for Core Competency, a strategic management concept referring to a company's key specialized capabilities that provide competitive advantage. The term was popularized by C.K. Prahalad and Gary Hamel. It refers to fundamental strengths that are difficult for competitors to replicate, not critical competency, cost critical, or close competency.