What is core-competency
Explain the term core-competency?
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Core-competencies include those things which the corporation may do exceptionally well. It is considered as the combination of the resources and capabilities of the organization if core competency of the organization is better to that of its competitors it is known as the distinctive competency.
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What are the value match-ups of LVMH's diversification into luxury goods? What are the opportunities for skills transfer, cost sharing, brand sharing?
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Explain the term corporate governance.
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