Urbankey has a unique capability in rapid prototyping, allowing them to bring new products to market faster than the competitors. Such an advantage…

CA Intermediate · Financial Management and Strategic Management · MTP · September 2026
Urbankey has a unique capability in rapid prototyping, allowing them to bring new products to market faster than the competitors. Such an advantage can be termed as?
(A) (a) Market Expansion Strategy
(B) (b) Core Competency
(C) (c) Cost Leadership Strategy
(D) (d) Appropriate SWOT Analysis

Suggested Answer and Working Notes:

Correct Answer: Option (B)

(b) Core Competency

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

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