Examlex
If the time it takes for a customer to be served at a fast-food chain business is thought to be uniformly distributed between 3 and 8 minutes, then the probability that the time it takes for a randomly selected customer to be served will be less than 5 minutes is 0.40.
Capabilities
The combination of skills, resources, and abilities that an organization possesses to perform its functions effectively.
External Environmental Supply
Pertains to the external sourcing of resources or inputs that a company needs from its external environment to operate effectively.
Human Capital
The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or the community.
Management Inventories
Tools or databases that track managerial skills and capabilities within an organization to aid in strategic planning and deployment.
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