A Business Model Innovation Results In

question 91

Multiple Choice

A business model innovation results in:

• A)ways for firms to make money.
• B)better ways of doing things.
• C)new or improved goods.
• D)the creation of new services.
• E)environmental uncertainty.

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Definitions:

HR Gap Analysis

The process of identifying the difference between the current capabilities of the workforce and the required skills and capacities to meet organizational objectives.

Long-term HR Priorities

Strategic human resource objectives focused on achieving sustainable competitive advantage over an extended period.

Leadership Development

The process of enhancing an individual's ability to lead, manage, and guide others within an organization.

Workforce Planning

The process of analyzing, forecasting, and planning workforce supply and demand, assessing gaps, and determining targeted interventions to ensure an organization can meet its goals and objectives.