Examlex
When choosing a new cell phone, Hans conducted an Internet search, talked to friends, and visited several stores. This indicates that Hans was engaged in preattentive learning.
External Environmental Factor
Elements outside an organization that can affect its performance and strategy, such as economic conditions, regulations, and market trends.
Economic Climate
Refers to the overall state of the economic environment marked by indicators like GDP growth rates, unemployment, and inflation.
Work-Life Balance
A concept that emphasizes the importance of achieving an equilibrium between professional obligations and personal activities, ensuring individuals have a healthy division between their work and personal life.
Competitive Intelligence
The systematic gathering, analysis, and application of information about competitors, market conditions, and other external factors affecting the business.
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