Examlex
A loan involves a contractual agreement where a business receives some amount of money that must be repaid over a specified period of time at a specified interest rate.
Skills
The abilities and expertise that enable an individual to perform tasks effectively.
Competencies
Encompasses the abilities, skills, knowledge, and behaviors that contribute to an individual's capability to perform tasks successfully in a job or role.
Human Resources Demand
The projected need for additional employees in an organization, based on its future business activities, growth plans, and strategic objectives.
HR Gap
The difference between the current capabilities of an organization's human resources and the skills and competencies needed to achieve strategic objectives.
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