With the Advent of More Sophisticated Technology, Employers Who Operate

question 100

Multiple Choice

With the advent of more sophisticated technology, employers who operate locally and globally and want all employees to receive the same training may opt for

• A) apprenticeship programs.
• B) mentorship programs.
• C) job rotation programs.
• D) online training programs.

Identify when a firm's strength transforms into a capability.

Understand the benefits and limitations of SWOT analysis.

Understand the dynamic nature of strategic focus and the impact of changing environments.

Recognize the competitive advantage strategies and their applications.

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Definitions:

Chapter 12

A bankruptcy provision designed for "family farmers" or "family fishermen" to devise a plan to repay all or part of their debts.

Financial Year

A period used for calculating annual financial statements in businesses and other organizations, often stretching over a 12-month period but not necessarily aligning with the calendar year.

Chapter 13 Provisions

Regulations under Chapter 13 of the U.S. Bankruptcy Code allowing individuals with a regular income to create a plan to repay all or part of their debts.

Self-Employed People

Individuals who work for themselves, either by owning their own business or working as independent contractors, rather than being employed by others.