You see it everywhere in magazine articles and advertisements‚ but what exactly is a core competence? At its simplest‚ a core competence is a unique capability that affords some type of competitive advantage. It corresponds to a business process‚ and involves underlying skills‚ functions‚ systems and knowledge. To determine if something is of core competence‚ one must ask‚ "Does this ’thing’ give the company a unique advantage over its competitors and help make the company profitable"? Capabilities
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What is core banking? Initially when banks expanded to different cities and states‚ they provided branch specific banking. So if a customer has a bank account with a bank in city A‚ he cannot use the services of a branch in city B. The bank would usually delay the processing of financial instruments issued from some other branches to 2-3 working days. Then came the concept of Core Banking. Wherein‚ a customer who has an account with the bank can use any of its branches irrespective of the city
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Office Depot and OfficeMax) comprise about 11% of the market combined. * print and ship services are approximately 17%‚ ranking it as one of Office Depot’s most profitable offerings * Office Depot‚ Staples and Officemax are the market leaders in the office supply industry. However they only account for 10% of the market. The rest is divided widely between supermarkets‚ wholesale retailers‚ discount stores (including Wal-Mart) and smaller independent companies. * Office Depot has made
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Core knowledge is a psychological theory that is based on what traits are present from birth ultimately a product of evolution‚ and what is acquired through experience. Core knowledge is often applied to‚ and experimented on different species as well. This theory’s main focus is on innate mechanisms that do specific tasks. There is evidence of 4 core systems. These four core systems include object representation‚ agents and their actions‚ numbers‚ and geometry. Each core system varies in identification
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Core counselling skill 1: Unconditional Positive Regard - used to help separate actions and beliefs to ensure the client does not feel judged on their actions. This also helps to build rapport with the client‚ and to develop a good relationship with them. If a client feels judged‚ they are less likely to open up to the counsellor. Core counselling skill 2: Genuineness - will help to build rapport with the client and develop a good relationship with them. When a client feels the counsellor is genuinely
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methane observed from the Byrd Ice Core? Datasets: Byrd – Methane‚ del180‚ and CO2 Data Part 2: Primary Source: Antarctic and Greenland Synchronization Data for the Last Glacial Period Authors: Blunier‚ T.‚ J. Chappellaz‚ B. Stauffer Abstract: This data set consists of isotopic‚ carbon dioxide (CO2)‚ and methane (CH4) data collected from the Byrd and Vostok ice cores (Antarctica) and the Greenland Ice Core Project (GRIP). Data from the Antarctic ice cores are synchronized to the Greenland
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as The Garden Depot‚ located in Barrie‚ Ontario. By 2007‚ The Garden Depot operated a successful 12‚000 square-foot retail store‚ a law maintenance division and‚ a landscaping division. Due to the nature of the gardening business‚ The Garden Depot’s sales fluctuated with seasonal demands. An important individual and key player in the business is Janice Bowman. After thirteen years of service with one of The Garden Depot’s competitor’s‚ Bowman was offered a position at The Garden Depot in 2005. In March
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Core Banking System Meaning:- Core banking is a general term used to describe the services provided by a group of networked bank branches. Bank customers may access their funds and other simple transactions from any of the member branch offices. Core Banking system or CBS is one of the recent developments in the field of banking‚ and has proved to be very useful. It is a facility provided by banks in which a person‚ having an account in one branch‚ can operate his account‚ in another
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2.2.2. Core Competencies FUNCTIONAL AREAS CAPABILITIES Research and development to strengthen its health and wellness image Nestlé is committed to establishing itself as the global leader in health‚ wellness and nutrition. Its huge R&D capability‚ combined with its global scale food and beverage operations and its financial ability to undertake major acquisitions‚ such as Pfizer’s nutritional arm (Cimilluca‚ Rockoff & Das‚ 2014) and PamLab USA‚ could enable the company to become the driving force
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Emotional competence Emotional competence is what the results and enhances our personality and performances. It also helps to us to increase our life’s qualities. Our emotional competence shows how much of that potential we have translated into on-the-job capabilities." ( David Goleman‚ Working with Emotional Intelligence ). Emotional Intelligence influences our potential for learning the practical emotional such as personal competence. Personal Competence Diagram 1.1 Personal Competence Chart
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