Question

---------- entail(s) the application of specialized proficiencies via the execution of actions and processes for purposes of benefitting other entities (usually customers).

Option 1: Operational Costs
Option 2: Strategic Management
Option 3: Core Competencies
Option 4: Market Expansion

Answer 1

Focusing on one or a few products, known as core competency, is often more successful for businesses than trying to make a wide range of products.

Step-by-step explanation:

A similar pattern often operates within businesses. In many cases, a business that focuses on one or a few products (sometimes called its "core competency") is more successful than firms that try to make a wide range of products.