Examlex
When operating managers are allowed to select their own staff, the effectiveness of the selection process is enhanced because the operating managers have an instinctive feel for the type of employee who would perform well in their department.
Human Limitations
Refers to the natural constraints on what individuals can physically and mentally achieve.
Best Alternative
The most desirable option available to a person or entity when their first choice is not feasible.
Financial Institution
A company engaged in the business of dealing with monetary transactions, such as banks, credit unions, and investment firms.
Market Share
The portion of a market controlled by a particular company, product, or brand, often expressed as a percentage of total sales within that market.
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