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Core competence

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IGC-DEFINITION (abbreviated)

Core competence / Kernkompetenzen
Core competences are defined as a systematic bundle of technologies and production capabilities that enable a company to develop a great number of product lines. There are three fields of core competences that are separated: „Market-access competences“ facilitate focussed market penetration and establish the contact to buyers, „integrity-related competences“ are important for fast and reliable cooperation between different organisational units and functions within the company, whereas „functionality-related competences“ focus on providing outstanding functionality in the products to be sold.

from: IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.)

Source

IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.), 4. Auflage, Schäffer-Poeschel, Stuttgart, 2010

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