The Distinctive Competencies of Small Business Usually Fall into Three

question 64

Short Answer

The distinctive competencies of small business usually fall into three areas: the ability to identify new niches in established markets,the ability to identify new markets,and the ability to move ____________________.

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Definitions:

First-Line Supervisor

A management position responsible for overseeing the day-to-day performance of entry-level employees.

True Self-Managing Work Team

A team that operates without direct supervision, managing its own processes and tasks to achieve set objectives.

Selecting New Team Members

The process of evaluating and choosing individuals to form or join a team based on skills, compatibility, and potential contributions.

Evaluating Performance

The process of assessing the effectiveness and efficiency of an individual's or organization's work outcomes and methods.