In Competency-Based Management Competencies Are Identified After Careful Analysis of Work

question 83

True/False

In competency-based management competencies are identified after careful analysis of work of the high performers.

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Definitions:

Early Customization

A strategy where a product is partially completed and then finished according to specific customer requirements closer to the time of purchase.

Bullwhip Effect

A phenomenon in supply chains where variations in demand cause progressively larger variations in supply, leading to inefficiency and excess inventory.

Distributer

A company or individual responsible for the movement of goods from a manufacturer to the point of sale, usually adding value through storage, transportation, and marketing.

Large Order

A request for a significantly large quantity of goods or services.