Strategic Management
Term Paper
Core competencies of Wal mart and Honda Instruments for their Growth
By:
Hari Kiran Babu.G (0711)
Naga Mounica.G (0723)
Sai Krishna Chaitanya (0736)
Surabhi Rajan (0749)
Sobhan Pavan Tej .K (0641)
Core Competencies
Core competencies lead to the development of core products. Core products are not directly sold to end users; rather, they are used to build a larger number of end-user products. For example, motors are a core product that can be used in wide array of end products. The business units of the corporation each tap into the relatively few core products to develop a larger number of end user products based on the core product technology.
The intersection of market opportunities with core competencies forms the basis for launching new businesses. By combining a set of core competencies in different ...