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What Are the Six Characteristics of Enterprise 2.0

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What are the six characteristics of Enterprise 2.0?

Understand the concept of Pareto efficiency and its application to voluntary exchanges.
Analyze the conditions under which a policy or action can be considered potentially efficient.
Recognize the principles of perfect competition and how they lead to efficient resource allocation.
Understand the role of marginal cost and opportunity cost in economic decision-making.

Definitions:

Training Transfer

The successful application of skills, knowledge, or competencies acquired in a training setting to the job environment.

Kirkpatrick's Model

Kirkpatrick's Model is a widely used framework for evaluating the impact of training programs, comprising four levels: reaction, learning, behavior, and results.

Return On Investment

A measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the benefit (return) of an investment by the cost of the investment.

Fifth Element

A reference to the component in various frameworks that is considered essential but is often intangible or abstract, such as spirit or culture in organizational contexts.

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