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Please Define the Following Key Terms

question 19

Essay

Please define the following key terms. Show Who? What? Where? When? Why Important?
-"broken world"

Understand the benefits and functionalities of specific technological applications in sports management.
Identify the components and processes within a business environment including inputs, outputs, and resources.
Comprehend efficiency and effectiveness concepts in the context of business process management.
Recognize different strategies for gaining competitive advantage in the marketplace.

Definitions:

Human Capital

The skills, knowledge, and experience possessed by an individual or population, viewed as a factor of production contributing to economic value.

Knowledge

Information, understanding, or skill obtained through experience or education.

Commitment

The level of dedication an individual has towards his or her job, organization, or career path.

High-Performance

Describes systems or individuals operating at an exceptionally high level of activity, efficiency, or quality.

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