Examlex
When we watch someone who is good at a task,we are able to observe how they do it and therefore gain confidence in being able to do it ourselves.This illustrates the self-efficacy building technique called vicarious modeling.
Top Management
The highest tier of executives and decision-makers in an organization responsible for determining strategy and direction.
Scenario Writing
The process of creating detailed narratives or scenarios to explore future possibilities and assess potential outcomes.
Identifiable Factors
Elements or conditions that can be recognized and potentially measured, which influence outcomes or results in various situations.
Competitive Advantage
The attributes or conditions that allow a company or country to produce goods or services more efficiently or at a higher quality than its competitors, leading to better sales or margins.
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