How does possessing a core competence help a firm?
A. It helps a firm to create value in such a way that premium pricing is impossible.
B. It reduces a firm's dependence on its logistics function.
C. It enables a firm to reduce the costs of value creation.
D. It reduces the scope of transfer of skills to foreign markets.
E. It reduces the need to replicate a business model in a foreign market.
Answer: C. It enables a firm to reduce the costs of value creation