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      • Technical skills in management refer to the specific knowledge and capabilities that enable managers to handle various tasks related to technology, data, and operations efficiently. These skills encompass understanding and utilizing tools, techniques, and methodologies relevant to your industry.
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    1) ROI

    Return on investment (ROI) refers to all the benefits — monetaryor otherwise — received from an investment.

    2) Incentivize

    Provide an incentive (a motivation) for using a product or service.

    3) Monetize

    Make money from a product or activity.

    13) Benchmarking

    The process by which you measure various aspects of your systems (e.g., speed, efficiency, cost, amount of product).

    14) SWOT

    SWOT is an acronym that refers to a form of analysis that examines your: 1. Strengths 2. Weaknesses 3. Opportunities 4. Threats

    15) KPI

    KPI is an acronym that stands for Key Performance Indicators. KPIs are usually numbers that tell you how effective your business is in a specific area.

    25) Unique Selling Proposition

    A specific factor that differentiates your product or service from your direct competitor (e.g., cost, quality, added use).

    25) Niche Market

    A very specific segment of a larger market.

    26) Marketing

    The action or business of promoting and selling products or services.

    52) Run With It

    Take an ideaand investigate it further.

    53) Loop You In

    Include in the discussion.

    54) Live And Breathe It 24/7/365

    Work at something all the time to the exclusion of everything else.

  2. a decision based only on a specific rule or rules and not on any other consideration: The case was dismissed on a technicality and will be retried at a later date. (Definition of technicality from the Cambridge Academic Content Dictionary © Cambridge University Press) Examples of technicality. technicality.

  3. Jun 10, 2024 · Management is how businesses organize and direct workflow, operations, and employees to meet company goals. The primary goal of management is to create an environment that empowers employees to work efficiently and productively.

  4. What does the noun technicality mean? There are three meanings listed in OED's entry for the noun technicality . See ‘Meaning & use’ for definitions, usage, and quotation evidence.

  5. A technicality is a point, especially a legal one, that is based on a strict interpretation of the law or of a set of rules.

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