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According to Employers,what Are the Business Basics That Canadian Professionals

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Essay

According to employers,what are the business basics that Canadian professionals need in order to be competitive in the global market?


Definitions:

Pareto Analysis

A statistical technique in decision-making used to select a limited number of tasks that produce significant overall effect, often referred to as the 80/20 rule.

Benchmarking

The practice of comparing business processes and performance metrics to industry bests and best practices from other companies.

Fishbone Diagram

A visual tool used to identify, explore, and display the possible causes of a particular problem.

Flowcharting

A graphical representation of a process, illustrating the sequence of operations or steps involved, often used in planning and problem-solving.

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