What is meant by core competency?

a group of learned or natural skills required to do a task

people skills learned by experience and practice, such as communication

the ability and skill to perform an expected task

the ability required by organizations to deliver services better than anyone else

The ability required by organisations to deliver services better than anyone else is the correct answer.

Explanation:

C. K Prahalad and Gary Hamel introduced the concept of core competency. It is combination of skills and multiple resources that distinguishes a company in the marketplace and serves as the foundation of the company's competitiveness. it is a result of specific production technique of set of skills that helps to deliver additional value to the customer and provides access to a wide variety of markets.

i believe it would be capitalism