<span>This is known as job specialization. Josh cannot do all of the work himself, so he hires others to perform specific tasks for him. He should hire people with specialized skillsets, so that they will be most suited to the jobs he needs them to perform, such as waiters for serving customers and chefs for preparing dishes.</span>
<span>Answer : Transactional level
Explanation:Of the three levels rational, process and transactional, transactional level which is the communication level , that is communication with all stakeholders and not just with people who are friendly, is the highest and most developed level of stake holder management capability(SMC) that is characterized by genuineness, communication, interactiveness, proactiveness, frequency, resource adequacy and satisfaction.</span>
The formula of the future value of an annuity ordinary isFv=pmt [((1+r)^(n)-1)÷r]Fv future value?PMT yearly payment 1200R interest rate 0.07N time 49 years (70-21)
Fv=1,200×(((1+0.07)^(49)−1)÷(0.07))Fv=454,798.80
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Decision making under uncertainty where different outcomes are possible with different probabilities form the basis of risky decision making.
Before going any further, it is important to establish the distinction between risk and uncertainty because the two are frequently confused. We went into great detail about the distinctions between risk and uncertainty. Making Decisions in an Uncertain World Even though we are aware that outcomes are unpredictable, we don't try to give them probabilities.
The components of risky decision include:
A risk assessment process, determination of the likelihood and probability of a risk occurrence and its consequences (qualitatively and quantitatively), as well as risk characteristics and factors including its onset and duration, Risky decisions (prioritization, mitigation, and treatment), a risk representation system (risk matrix or heat map).
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Answer:
competency
Explanation:
Competency -
It refers to the practice of improving the performance of the person or company , is referred to as competency .
It enables the person to excel in their field and motivate to do the best .
From the given scenario of the question ,
The international French company , Rhone - Poulenc is attracting the very innovative and intelligent minds in their company , which would help for the betterment of the person as well as the company .
Hence , from the scenario of the question ,
The correct term is competency .