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The word "incumbent" is derived from the Latin verb incumbere, literally meaning "to lean or lay upon" with the present participle stem incumbent-, "leaning a variant of encumber, [1] while encumber is derived from the root cumber, [2] most appropriately defined: "To occupy obstructively or inconveniently; to block fill up with what hinders freedom of motion or action; to burden, load."
Incumbent organizations' value is more than simply their workers, it includes their processes and core capabilities which drive their efforts Technology supply may not equal market demand. The attributes that make disruptive technologies unattractive in established markets are often the ones that have the greatest value in emerging markets
Job analysis provides information to organizations that helps them determine which employees are best fit for specific jobs. The process of job analysis involves the analyst gathering information about the duties of the incumbent, the nature and conditions of the work, and some basic qualifications.
Incumbents may also be found in the countries' articles (main article and "politics of") and the list of national leaders, recent changes in 2024 in politics and government, and past leaders on state leaders by year and colonial governors by century.
Strategic excess capacity may be established to either reduce the viability of entry for potential firms. [5] Excess capacity take place when an incumbent firm threatens to entrants of the possibility to increase their production output and establish an excess of supply, and then reduce the price to a level where the competing cannot contend.
Incumbent Ron Kim on Tuesday defeated challengers Yi Andy Chen and Dao Yin with more than half of the vote in the 40th district for the New York State Assembly.
This Idaho mayor race features incumbent, business owner and ‘America’s Got Talent’ star. Angela Palermo. November 3, 2023 at 6:00 AM.
Incumbent firms may have an exclusive right to use the brand name, making it expensive or impossible for new entrants to license rights to names. [10] Capital requirements - Many industries require the investment of large financial resources to start a new business, which deters new entrants. For example, new airlines require millions of ...