A small tech company focused on enhancing their main product, which became crucial across various industries due to its increased power and…

CA Intermediate · Financial Management and Strategic Management · RTP · September 2024
A small tech company focused on enhancing their main product, which became crucial across various industries due to its increased power and adaptability. Their early partnerships and smart decisions facilitated rapid growth, leading to a $5 billion valuation in just five years. According to C.K. Prahalad and Gary Hamel, which area represents the tech company's core competency?
(A) Customer Value
(B) Competitor Differentiation
(C) Product Differentiation
(D) Application to Other Markets

Suggested Answer and Working Notes:

Correct Answer: Option (D)

Application to Other Markets

Topics: Part-A: Financial Management, Part B: Strategic Management

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