The Evaluation Process of a Business Plan Allows

question 9

Multiple Choice

The evaluation process of a business plan allows:

• A) more effective use of scarce resources.
• B) improvement in internal communications.
• C) detection of variances between actual and budgeted results.
• D) all of the above.

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Definitions:

Organizational Learning

The process through which an organization acquires, develops, and transfers knowledge, improving its performance and adaptability over time.

Knowledge Acquisition

The process of obtaining, absorbing, and storing new information or skills.

Knowledge Management

The process of capturing, distributing, and effectively using knowledge within an organization.

Learning Organization

A concept where an organization encourages and facilitates the learning of its members and continuously transforms itself.