A Total Weighted Score of 1

question 72

True/False

A total weighted score of 1.0 for an EFE Matrix indicates that the firm is responding in an outstanding way to existing opportunities and threats in its industry.

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Definitions:

External Recruiting

The method of filling job vacancies within an organization by hiring candidates from outside the organization, broadening the pool of potential applicants.

Needs Analysis

This involves determining and addressing the needs between current conditions and desired conditions, often used in organizational training, project management, or product development contexts.

Training Program

A structured course of activities designed to develop and enhance skills, knowledge, and competencies in an individual or a group.

Outsourced Training

The practice of hiring external entities to conduct training programs for an organization’s employees.