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question 27

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Definitions:

Renewal Model

An approach focusing on continuous improvement and adaptation to ensure long-term success and viability of a project or organization.

Skills Inventory

A comprehensive record of the qualifications, expertise, and skills that employees within an organization possess, which helps in planning and decision-making.

Individualized Personnel Record

A detailed and personalized record keeping of an employee's history, qualifications, and achievements within an organization.

Mass Customization

A manufacturing approach that combines the flexibility and personalization of custom-made products with the low unit costs of mass production.

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