Core competencies and sustainable competitive advantage

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Core competence refers to our ability to make permanent and sustainable capabilities which can provide us with a competitive advantage. The core competencies may include any combination of skills, technologies, processes, knowledge or expertise and are often achieved as a result of long-term development processes and/or experiences. For instance, the core our competency is to Provide products for tasty and healthy and at affordable prices

 Core competencies can lead to gaining competitive advantage in the following ways:
  • Increase revenue
  • Increase or dominant market share
  • Increase  stakeholders  value




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