What process is exhibited by the diagram below? When does this process take place?
Definitions:
Employees' Competence
The skills, knowledge, and experience possessed by employees that enable them to perform their tasks effectively.
Experiences
Experiences refer to the interactions or events that individuals go through which can impact their perceptions, learning, and personal growth, playing a significant role in consumer choices and life satisfaction.
Societal Environmental Costs
The costs incurred by society as a whole due to environmental degradation and pollution caused by businesses and individuals.
Calculate
To compute or determine by mathematical methods; to ascertain numbers or amounts through mathematical expressions.
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