Sample Essay

We have discussed the importance of core competence and sustainability of business separately. Now, we would discuss their mutual impact on business as a whole.As discussed by Andriessen (2003), core competence and sustainability of business helps the organization grow with rapid speed and ultimate success factor while paving way for the company to prove its existence over other competitors in the marketplace. The core competence and sustainability is very important and helps the organization in making long-term decisions and huge investments because the management of the company already would have measured the success ratio of the future strength of the business with the support of core competence and sustainability of business. They assist the company in measuring the success factor for the better future of the company.

Core competence and sustainability of business helps in getting five major areas of business. These standards are listed below (Andriessen, 2003):

  • Added value
  • Competitiveness
  • Prolonged performance
  • Potential
  • Robustness

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