Examlex

Solved

What Is Most Likely the Best Tool Managers Can Use

question 59

Multiple Choice

What is most likely the best tool managers can use to support employees' career development needs?


Definitions:

Market Rivals

Companies or entities within the same industry or market that compete against one another for customers, sales, and market share.

New Technologies

Recent advancements or innovations in technology that can potentially alter how businesses operate or how consumers interact with products.

Existing Markets

The current and operational markets where products or services are already being distributed or consumed.

High Barriers to Entry

Conditions that make it difficult for new competitors to enter a market, including high costs, strict regulations, or established brands.

Related Questions