Jacob, the CEO at Einstein Inc., learns that his company is perceived as low-value by customers. He plans to combat this by hiring highly skilled and knowledgeable employees in order to improve Einstein's competitive standing. In this scenario, Jacob will most likely be hiring
A) outsourced employees.
B) offshored employees.
C) employees with a core competency.
D) employees with a college degree.
E) temporary workers.

Question

Quizplus · Accepted Answer

Jacob's aim is to improve Einstein's competitive standing by hiring highly skilled and knowledgeable employees. Thus, he will most likely be hiring employees with a core competency, which refers to a distinctive capability or advantage that a company possesses over its competitors. Such employees have expertise in specific areas that are essential to a company's success, and they can help Einstein Inc. to differentiate itself from its competitors and deliver high-value products or services to customers. Outsourced, offshored, and temporary workers may not necessarily have the same level of expertise or commitment as core employees, and having a college degree may not necessarily equate to having core competencies.