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When a Local Firm Acquires a Capability from an External

question 24

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When a local firm acquires a capability from an external supplier that contributes to the local firm's ability to create value for customers it is


Definitions:

Rewards

The benefits, compensation, and recognition provided to employees for their performance and contributions to the organization.

Performance Management Systems

Tools and processes that organizations use to monitor, evaluate, and improve individual and organizational performance.

Strategic

Relating to the identification of long-term or overall aims and interests and the means of achieving them.

Developmental

Pertaining to growth or progress, often used in contexts relating to personal, professional, or organizational advancement.

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