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Business acumen : ウィキペディア英語版 | Business acumen Business acumen is keenness and quickness in understanding and dealing with a business situation in a manner that is likely to lead to a good outcome.〔Reilly, Dr. Raymond R and Reilly, Dr. Gregory P. ("Building Business Acumen" ), ''HR West'', December 2009.〕 The term "business acumen" can be broken down literally as a composite of its two component words: Business literacy is defined in SHRM's Business Literacy Glossary as "the knowledge and understanding of the financial, accounting, marketing and operational functions of an organization."〔SHRM's Business Literacy Glossary()〕 The Oxford English Dictionary defines acumen as "the ability to make good judgments and quick decisions".〔Oxford English Dictionary('s definition of ''acumen'' )〕 Given these textbook definitions, a strictly literal definition would be "keenness and quickness in understanding and dealing with a business situation." Additionally, business acumen has emerged as a vehicle for improving financial performance and leadership development.〔Summerfield, Brian. ("A Crisis in Leadership" ), ''Chief Learning Officer Magazine'', April 2008.〕 Consequently, several different types of strategies have developed around improving business acumen. == Characteristics ==
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