Examlex
With so much information and moving parts within a company, technology has made it possible for employers to monitor many aspects of employee jobs and duties.What is a system that can track employees' activities by measures such as keystrokes, error rate, and number of transactions processed?
Competitive Advantage
A scenario or element that positions a business in a stronger or more favorable spot relative to its competitors.
SWOT Analysis
A strategic planning tool used to identify an organization's Strengths, Weaknesses, Opportunities, and Threats, to gauge internal and external factors affecting its objectives.
External Analysis
The evaluation of factors outside a business that can impact its performance, such as economic trends, competitive landscape, and regulatory environments.
Internal Analysis
The process of examining an organization's strengths, weaknesses, internal resources, and capabilities to improve performance or strategic planning.
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