Examlex
To be legal,educational standards must be related to successful performance of the job.
Operating Efficiency
The ability of an organization to minimize its input costs while maximizing its output without compromising quality.
Boundaryless Sourcing
A business strategy that involves procuring goods or services from any supplier globally without geographical restrictions.
Outsourcing
The practice of hiring third-party vendors to perform services or produce goods that were previously handled in-house.
External Environment
The surrounding conditions, including economic, legal, political, technological, and social factors, that influence an organization's operations from outside.
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