What term refers to the skills or knowledge that an organization or employee needs to do its work?

What term refers to the skills or knowledge that an organization or employee needs to do its work?

• A. Key skills
• B. Competency framework
• C. Core competency
• D. Technical expertise

Answer: (C)

Core competency is the essential skill or knowledge an organization or employee needs to perform its work and deliver value. For a company, it represents the fundamental capabilities that enable strategy and give a competitive edge—those abilities that the organization does well and that are hard for competitors to imitate. For an individual, it encompasses the core abilities and know‑how required to carry out tasks effectively, not just a single technical skill. This makes it a broader, more strategic notion than technical expertise, which is typically domain‑specific, and more substantial than a general list of key skills or the framework used to organize competencies, which is about structure rather than the actual capability.

Core competency is the essential skill or knowledge an organization or employee needs to perform its work and deliver value. For a company, it represents the fundamental capabilities that enable strategy and give a competitive edge—those abilities that the organization does well and that are hard for competitors to imitate. For an individual, it encompasses the core abilities and know‑how required to carry out tasks effectively, not just a single technical skill. This makes it a broader, more strategic notion than technical expertise, which is typically domain‑specific, and more substantial than a general list of key skills or the framework used to organize competencies, which is about structure rather than the actual capability.