What term refers to a specific set of departmental skills, knowledge, and experience that allows an organization to outperform its competitors?

The correct answer to the following question will be "Core Competency".

Explanation:

Core competency is often used to refer to a particular set of various department's abilities, experience, and knowledge that enables one company to underperform its rivals. Good administrators need those three sorts of skills to support their company to work more effectively and efficiently. It also applies to the wide range of skills or knowledge of an organization in certain operations, instead of tangible or financial properties.

Therefore, Core Competency is the right answer.