Skill Matching a) Employ the skill circle model and calculate skill range, skill gap, and total labor cost per worker when there are 120 workers and unit training cost is $864/h and the wage equals $60/h. b) Now assume the firm moves to a smaller location and the number of worker is only half of what is was at the first location. Will labor cost be half as well? Calculate!

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position