ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Competency involves (a), (b), (c), (d)
A
being able to look at things from different perspectives
B
sharing ideas with others both verbally and in written form
C
working well with others
D
having the right set of skills needed to get the job done.
Explanation: 

Detailed explanation-1: -Competency: Knowledge, behaviors, attitudes and even skills that lead to the ability to do something successfully or efficiently. The ability to make business decisions would be a competency. Skill: Learned and applied abilities that use one’s knowledge effectively in execution or performance.

Detailed explanation-2: -Competencies are the knowledge, skills, abilities, and behaviors that contribute to individual and organizational performance. Knowledge is information developed or learned through experience, study or investigation. Skill is the result of repeatedly applying knowledge or ability.

Detailed explanation-3: -Competencies are the measurable or observable knowledge, skills, abilities, and behaviors (KSABs) critical to successful job performance. Choosing the right competencies allows employers to: Plan how they will organize and develop their workforce. Determine which job classes best fit their business needs.

Detailed explanation-4: -Competency is the capability to apply or use the set of related knowledge, skills, and abilities required to successfully perform ‘critical work functions’ or tasks in a defined work setting.

There is 1 question to complete.