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question 344

Multiple Choice

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Understand the process and importance of benchmarking in identifying best practices in HR.
Acknowledge the importance of labor market trends, technological changes, and globalization in strategic HR planning.
Understand the concepts and objectives of a SWOT analysis including internal and external analyses.
Comprehend the importance and methods of environmental scanning in strategic planning.

Definitions:

Shelf-space

The amount of area or space available on shelves in a store allocated to display products.

Cereals Marketers

Professionals involved in promoting and selling grains such as wheat, maize, oats, and barley.

Eye-level

The optimal placement of products on shelves at supermarkets and stores to match the eye level of average consumers, enhancing product visibility and purchase probability.

Impulse Buying

Impulse buying is the act of purchasing goods or services without premeditation or planning, often triggered by emotions or situational factors.

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