What Is the Relevance of Quantitatively Measuring the Competitive Strength

question 58

Essay

What is the relevance of quantitatively measuring the competitive strength of each business in a diversified company's business portfolio and determining which business units are strongest and weakest?

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Definitions:

Gagné

Refers to Robert M. Gagné, an American educational psychologist best known for his "Conditions of Learning" framework, which outlines how people learn skills.

Learning Outcomes

Clearly defined goals that participants are expected to achieve as a result of engaging in a learning process or training program.

Locus of Control

A psychological concept referring to the extent to which individuals believe they have control over events affecting their lives, distinguished between internal and external loci.

Training Motivation

The internal drive or desire within employees to participate in learning activities and apply the knowledge gained.