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CAF-7 · Chapter 5 · Question 1 of 15

A retail bank employs standard IT systems and basic customer service protocols that are identical to every other bank in the country. These basic abilities, which are required simply to stay in business, are known as:

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: C) Threshold competences

Explanation

Threshold competences are the basic activities, processes, and abilities needed just to meet minimum customer requirements and survive in an industry. They do not provide a competitive advantage.

All 15 questions in Chapter 5Internal Analysis MCQs with answers

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