Examlex
Which of the following is true about 360-degree feedback?
Immediate Environment Analysis Framework
A strategic tool used to assess the direct environment in which an organization operates, including competitors, customers, and suppliers.
Macroenvironment Analysis Framework
A strategic tool used to analyze the external environment that a business operates in, often involving political, economic, sociocultural, technological, environmental, and legal factors (PESTEL).
Inflation
Refers to the persistent increase in the prices of goods and services.
Growth Of Industry
The process of expansion and increased productivity within a specific sector of the economy.
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