Examlex
For a strategy to be successful, a firm must be flexible and make changes to the plan based on experience. Strategic management requires adaptation to changing conditions.
Informal Assessment
Informal assessment involves using non-standardized methods to evaluate a person's abilities, skills, or knowledge in a less structured way.
Examiner
An individual who administers, scores, and interprets tests and assessments.
Interrater Reliability
A measure of consistency among different observers or raters in their assessments or evaluations.
Expert Raters
Refers to individuals with specialized knowledge or expertise in a particular area who are tasked with assessing or judging accordingly.
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