Cloud Cones is a fast-growing chain of ice cream shops. It has acquired an edge over its competitors through its ability to provide a wide array of unique flavors and a hip atmosphere in stores. This advantage of Cloud Cones best exemplifies a .

Core competency

Explanation:

Core competency is defined as the harmonized combination of several resources and skills that differentiates a firm in the market. Core competency are foundation of a firm's competitiveness as it gives potential access to a several markets, makes a positive contribution to customer benefits of the end product and can be difficult to copy by competitors.

For example, a firm's core competencies can include fine optics, precision mechanics, and micro-electronics which will help in building cameras.