Many would argue that, originally, eBay's core competency was their innovative idea to offer auction services online as well as the technology to do so. However, auction services are now easily duplicated and are available on many different sites hoping to cash in on the eBay phenomenon.
Today, eBay's core competency seems to be their name recognition and high website traffic. The large amount of traffic to eBay brings a large number of sellers and buyers together so that an extremely large array of common and rare products can be found for purchase.
Although nearly anyone today can copy eBay's functionality, few have the marketing resources and well know name to really draw a crowd.
TimingFocusBrandingCost Efficiency
Core competency is the knowledge in one specific area. In the food and beverage service, the core competency is to provide effective customer service and cost efficiency/profitability.
Communication is the core leader competency in which information sharing strategies are determined.
finance
Communication is the core leader competency in which information sharing strategies are determined.
Core competency Facilitates strategy development, Encourages innovation, Enforces selection and recruitment process.
Making vehicles?
retail banking
core competency is a competitively important factor that a firm better than any other factor..where as distinct competency means an internal factor(it can be company core competency) which differentiate a firm from firm in the same industry or other industry..
A core competency is a particular set of skill(s) that you need in order to perform a job. For example, the core competencies for a court reporter would be excellent typing and listening skills
Facebook's core competency was to help people connect and interact on social networks. Facebook has managed to help people to keep friends and family close.
Correct.