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Chapter 2 sm

Strategic Management

What is difference between key success factor and core competency ...any example....what factor to consider to decide in mcq whether it is key success factor or core competency

Gauri Shete

CA Final

★ 4K+

16-Feb-23 10:11

320

Answers (2)

Key success factor-Brand equity, Design, Cost/price, Resources, Competencies Core competencies-KASH- Knowledge, Attitude, Skills, Habits, +values+Wisdom+consistency Core competencies may be subset of Key success factor. Organization's objective is to gain competitive advantage . Example-Reliance jio entry in the telecom industry, followed cost differentiation KSF and Core competencies- not compromised with customer service, fast speed with less server error.

Mansha Tutlani

CA Final

★ 555

16-Feb-23 10:31

Key Success Factor - Individual success factor. Core competency - Ability to use KSF and achieve desired results.

CA Suraj Lakhotia

Admin

16-Feb-23 15:02

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