Both Skills and Competencies Can Be Used as the Basis

question 49

True/False

Both skills and competencies can be used as the basis for developing an internal structure.

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Definitions:

Retailer's Cost

The price a retailer pays to procure goods for sale, not including additional expenses like marketing or distribution.

Mark-up

The amount added to the cost price of goods to cover overhead and profit, resulting in the retail price.

Retailer

A business or person that sells goods to the consumer, as opposed to a wholesaler or supplier.

Cost

The value spent to acquire or produce something, including the amount of money, time, or resources.