“Human Resource” is the most important asset of an organization. Human resources are the set of individuals who makes up the workforce of an organization‚ business sector or an economy. This resource resides in the skill‚ knowledge and motivation of people and under the right condition it improves in age and experience which no other resources can do. It is therefore considered the most productive resources that can create the longest advantages for an organization. For an organization
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Why Human Resources Is Important HR is typically thought of as a cost center that does not contribute to the bottom line even though they are responsible for hiring and protecting your company’s most important asset-people. Without strong‚ satisfied and motivated people in place your business will not grow to its potential. The Management Team often view HR as a team of paper pushers who take care of benefits and policies‚ or are a necessary evil-here to protect the company and limit issues
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Effects of the Countries of Transformation from Centrally Planned Economy to Market Based Economy. HELP University Ng Li Yin B1300613 Soo Chen Yan B1202965 Wong Li Chean B1202828 Centrally planned economy is an economic system in which the government makes almost all the decisions of a country’s economic activities (“Definition of ’Centrally Planned Economy ’”‚ 2014). For instance‚ government takes control on what goods and services is produced and how the resources are disseminated
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“Globalisation has allowed the economies of some poor countries to develop‚ but such development has often led to increasing gaps between rich and poor in those countries” Discuss this statement with reference to contrasting countries you have studied. Globalisation is the increasing interconnection in the world’s economic‚ cultural and political systems. Philippe Legrain described globalisation as ‘the way in which peoples lives are becoming increasingly intertwined with those of distant people
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Why France is in Trouble with Its Economy? Economy of France Items Rank GDP Statistics 5th (nominal) Nominal : $2‚609 trillion USD GDP growth rate -0.2% (Q1 2013) GDP per capita Nominal : $41‚141 USD (2012‚18th) Inflation rate 2.3%(June 2013) Unemployment rate 11.0%(June 2013) Gov’t debt $2‚486 billion USD Gov’t debt to GDP ratio 91.2%(2013Q1) GDP Comparison Source: Eurostat Unemployment Comparison Inflation Comparison What’s wrong with France? Govt’s spending What is
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supported treatment for a variety of disorder diagnoses. Although pharmacological treatments are the most widely used method of treatment in anxiety disorders in America‚ research has found that even though patients respond sufficiently to medication treatment initially some are unable to maintain their gains long-term (McDermott‚ 2004). Generalized Anxiety disorder (GAD) is one of the most commonly diagnosed axis-1 anxiety disorders. The DSM-IV characterizes GAD by two main symptom clusters
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The New Market Opportunity Central Problem: How can China pursue the industrialization of its economy without resorting into depleting the environmental resources? Areas for Consideration: 1. China saw the development of a new auto industry as a key step in its drive to industrialize its economy. 2. No matter how “pollution free” the new car design was‚ the cumulative environmental effects of that many more automobiles in the world would be formidable. Even clean cars would have to
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The most popular forms of Entertainment in the 1920’s The 1920s represented thhe era of greatest output in the US movie market. In the 1920’s Rin-Tin-Tin the movie dog‚ became the most famous dog ever to star in the movies. Rin-Tin-Tin was a starving German Shepherd dog during the Great War. Metro Goldwyn Mayer film making studio was founded. A new Pooh Bear story by A.A. Milne was a big hit for little children. Mickey Mouse became everyone’s favorite cartoon character in Steamboat Willie.
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lifespan and economic growth: Why some countries are rich while others poor? Health‚ lifespan and economic growth: Why some countries are rich while others poor? Motivation for the research With the rapid economic growth‚ it seems that people become better off. However‚ according to global economy trend and current circumstances the gap between the rich and the poor is larger and large‚ which leads to unequal distribution of wealth and resources. Now we are going to do a
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advantage stem from technology‚ marketing strategy‚ excellent customer service and many more. However‚ human resource is still the most important element/asset in an organization that links back and is the core to those elements mentioned. The success or failure of an organization is largely dependent on the calibre of the people working therein. Bontis et al (1999) suggests that undeniably human resource in the organization is the combination of knowledge‚ intelligence‚ skills and expertise which provide
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