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Focal point may refer to: Focus (optics) Focus (geometry) Conjugate points, also called focal points; Focal point (game theory) Unicom Focal Point, a portfolio management software tool; Focal point review, a human resources process for employee evaluation; Focal Point, a 1976 studio album by McCoy Tyner "Focal Point: Mark of the Leaf", a Naruto ...
For example, a business plan for a non-profit might discuss the fit between the business plan and the organization's mission. Banks are quite concerned about defaults, so a business plan for a bank loan will build a convincing case for the organization's ability to repay the loan.
In project management, a project charter, project definition, or project statement is a statement of the scope, objectives, and participants in a project. It provides a preliminary delineation of roles and responsibilities, outlines the project's key goals, identifies the main stakeholders , and defines the authority of the project manager . [ 1 ]
For example, in some Asian languages, open-ended probes and nonverbal communication can encourage greater participation in the group discussion. [19] In some non-Western cultures, a younger person does not openly disagree with an older individual; focus group composition, therefore, must be carefully considered when designing the research plan ...
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In game theory, a focal point (or Schelling point) is a solution that people tend to choose by default in the absence of communication in order to avoid coordination failure. [1] The concept was introduced by the American economist Thomas Schelling in his book The Strategy of Conflict (1960). [ 2 ]