Examlex
What are the five competitive factors identified in the Michael Porter model?
Results With Objectives
A performance management approach focusing on achieving specific outcomes or objectives within a set timeframe.
Engineering
The application of scientific and mathematical principles to practical ends such as the design, manufacture, and operation of efficient and economical structures, machines, processes, and systems.
Controlling
The management function of monitoring performance, comparing it against goals, and implementing necessary adjustments to achieve objectives efficiently.
Measuring Performance
The process of evaluating the efficiency and effectiveness of actions or operations, often through the use of key performance indicators (KPIs) and metrics.
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