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Nike's strength is in designing and marketing athletic shoes and Apple's is in marketing innovative electronics. These are examples of each company's:Multiple choice question.organizational purposemission statementcore competencylargest cost center

Question

Nike's strength is in designing and marketing athletic shoes and Apple's is in marketing innovative electronics. These are examples of each company's:Multiple choice question.organizational purposemission statementcore competencylargest cost center

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Solution

The correct answer is "core competency". Core competency refers to a company's main strength or strategic advantage. In this case, Nike's core competency is designing and marketing athletic shoes, while Apple's is marketing innovative electronics.

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Because Nike is superior at designing and marketing athletic shoes, this is considered to be their:Multiple choice question.core competencyabsolute advantagecore focusbenchmark

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Task 1: What are the main differences, similarities in Nike’s and Tesla’s supply chainapproaches?

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