Research skills
(Time management is lower on the totem pole while the other 2 are on the bottom)
Answer:
a. Hiring former employees from other companies and assessing their knowledge.
Explanation:
"Benchmarking" is<em> a process conducted by a company when it wants to compare its performance with other competitors.</em> In order to do this, the company needs to look into <em>specific metrics</em> and<em> </em>approaches in order to analyze their company's operation and how well it does compared to others.
Hiring former employees from other companies and assessing their knowledge is not a typical/common strategy in order to obtain benchmarking data. Not many companies would like to rehire and if they ever do, it will be hard to use the benchmarking data since the former employee's company might be totally different from yours. Remember that competitive benchmarking is only done when you want to compare with your<u> competitors in the same field of business.</u>
Answer: Option (A) is correct.
Explanation:
Outsourcing is known as the agreement under which one organization hires or employee another organization in order to be responsible existing or for a planned activity that tends to be done internally, and at times involves transferring workers and assets from an organization to another.
Inshoring is referred to as the opposite of Offshoring. It is known as the process or method of moving an organization or its business operation from abroad to a local country. It is also referred to as outsourcing of workers domestically.
Answer:
E. because forces create pressures or incentives for industry participants (competitors, customers, suppliers) to alter their actions in important ways.
Explanation:
Industries can be described as different manufacturers producing a kind of particular goods or services.
Industry conditions are situations whereby there would be pressure among the compititors or customers in this industry which result to changing of their action in one way or the other which can influence the industry in positive or negative way.
We have different industries such as automobile, mining, food service and others.
Answer:
The correct answer is B. Agreements.
Explanation:
Agreement is, in Law, the decision taken jointly by two or more persons, or by a board, assembly or court. It is also called a pact, treaty, agreement, convention or resolution taken within an institution (any type of organization or company, public or private, national and international).
It is, therefore, the manifestation of a convergence of wills (decision by consensus) in order to produce legal effects. The main legal effect of the agreement is its obligation for the parties that grant it (Pacta sunt servanda) being born for the same obligations and rights (bilateral or synalagmatic contract), all to the extent provided by applicable law.
The legal validity of an agreement requires that the consent of the grantors is valid and its purpose is true and determined, not out of trade or impossible. Regarding the form of its celebration, oral or written, laws usually require certain formalities that depend on the nature of the obligations agreed upon.
