Examlex
_____ refers to a person's ability to use reasoning and observation skills to interpret unfamiliar gestures and situations and devise appropriate behavioral responses.
Situational Analysis
It refers to the process of identifying internal and external factors that affect an organization's performance, aimed at informing strategic planning.
Strategic Decisions
High-level choices made by an organization's leadership concerning the overall direction and objectives of the company.
Financial Projections
Estimates of a company's future revenues, expenses, and profitability, often used for budgeting, fundraising, and strategic planning.
Franchising
A business model whereby the owner (franchisor) of a product, service, or method obtains distribution through affiliated dealers (franchisees).
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