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__________ criticized substantivists for lack of attention to individual action and behavior and focused on scientific investigation into individual economic behavior and rationality.
Key Human Resource Practices
Fundamental HR functions and processes that are critical for the effective management and development of the workforce, including hiring, training, performance assessment, and employee relations.
Succession Planning
A strategy for identifying and developing new leaders who can replace old leaders when they leave, retire or die, ensuring the organization's future.
Location-Specific Human Capital
Skills and knowledge acquired by workers that are particularly valuable in a specific geographic or organizational context.
Competitive Inertia
A state where a company is reluctant or unable to adapt to changes in the market, often resulting in lost competitiveness.
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