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Explain the Fundamentals of Entrepreneurship

question 79

Essay

Explain the fundamentals of entrepreneurship.


Definitions:

Human Resource Management

The strategic approach to the effective management of people in an organization, focusing on enhancing their contributions to the success of the organization.

Organisations

Groups of people structured in a specific way to achieve common goals or undertake particular activities, often through a coordinated effort.

Human Resource Specialists

Professionals who are focused on the management of organizational human resources, encompassing recruitment, training, employee relations, and benefits administration.

Role

is the function or part played by a person or thing in a particular situation or context.

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