Question

Learning curves are used for a variety of purposes. These include:

O internal, external, strategic
O infrastructure, external, strategic
O internal, tactical, strategic
O internal, external, shareholders

Answer 1

The correct answer is letter "A": internal, external, strategic.

Step-by-step explanation:

Learning curves refers to the process people go through when they engage in a new activity and their progress as they keep repeating the same activity constantly. In the workplace, learning curves are useful for three main purposes:

• Internal: evaluating employee performance and how different processes of the company evolve such as cost assignment.
• External: establishing partnerships with the most efficient suppliers.
• Strategic: measuring the overall industry to obtain information about pricing and market opportunities.