Examlex
What must managers pay particular attention to in contemporary work teams?
Internal And External Fit
Refers to the alignment between an organization's internal practices and strategies with the external market and environmental demands.
HR Strategies
Methods and plans designed to achieve effective management of an organization's human resources, aligning workforce development with business objectives.
Competitive Environment
The dynamic external context in which businesses compete for customers, characterized by the presence of rival firms, demand conditions, and market forces.
Environmental Scanning
The process of systematically gathering information about the external environment to identify trends, opportunities, and threats that could impact an organization.
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