Examlex
The more specialized and highly valued a worker's skills are,
Competitive Power
The ability of a company or nation to produce goods and services that meet the quality standards of the local and global markets at prices that are competitive and provide adequate returns on the resources employed.
Benchmarking
The act of evaluating one's business operations and performance indicators against the top standards or optimal practices observed in the sector or across different industries.
Reverse Engineering
The process of deconstructing a product or system to understand how it works, often with the goal of reproducing or improving it.
SWOT Analysis
A strategic planning technique used to identify the Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.
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