Core competencies is a set of the skills, or knowledge or the abilities which is the combination of theoretical and technical skills that create value to the customers.
Core Competencies are the set of the most strategically significant and value-creating skills in a job, within a discipline or field, or in an organization. These are the skills, knowledge and abilities, which employees must possess in order to successfully perform job functions. Core competencies are strategic business capabilities that provide a company with a marketplace advantage by distinguishing superior performance and it should help company to expand into new end markets as well as provide significant benefit to the existing customers .
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