Examlex
Which of the following would be the most helpful to employees who want to chart potential career paths within their company?
Situation Assessment
The process of evaluating the current state of an environment or situation to inform decision-making and strategy formulation.
Impact/Likelihood Matrix
A tool used in risk management to evaluate and prioritize risks based on their potential impact and the likelihood of occurrence.
Assess External
The process of evaluating factors outside of an organization that could impact its performance, including market trends, economic conditions, and competitive landscape.
Compile Budget
The process of creating a budget by aggregating financial estimates and planning expenditures.
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