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If a software company spends a great deal of investment in establishing relationships with local universities...

If a software company spends a great deal of investment in establishing relationships with local universities which have aligned their curriculum to the skills needed for jobs that the company offers. This has led to the software company to have a workforce of software developers that no other company has. This unique workforce for the firm is primarily considered its

(a) Its mission.

(b) Its core competencies.

(c) Its strategy.

(d) Its competitive advantage .

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Answer #1

Answer: b) Its core competencies

Mission: is short term in nature which talks about what the company is doing.

Strategy: A systematic plan of action towards achieving company's goals. Should not be attributed to a particular set of people or process.

Competitive advantage: By following most suitable strategy, company gains competitive advantage over competitors

Core Competencies: The combination of resources, capabilities. It is difficult for competitors to replicate.

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