Capturing Learning at the Level of Individuals,teams,and the Whole Organization

question 21

True/False

Capturing learning at the level of individuals,teams,and the whole organization is going to be a critical activity for organizations as they become more knowledge-based.

---

Definitions:

Re-Engineering

Refers to the radical redesign of business processes for significant improvement in performance, efficiency, and quality.

Activity-Based Management

A management approach focusing on identifying and evaluating activities that a business performs, to improve decision making and operational efficiency.

Objectivity

The practice of basing decisions, judgments, or analysis on facts and evidence, free from personal bias or emotions.

Target Cost

The desired cost of a product derived from subtracting the desired profit margin from the competitive market price.