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HR Projection
The activity of predicting the future human resources requirements to achieve the anticipated levels of business operations.
Competitive Advantage
An attribute or condition that provides a business with a superior stance or leverage against its competitors.
Firm-specific Human Capital
Refers to the unique skills, knowledge, and abilities employees develop that are specifically valuable to their current employer.
Generic Human Capital
The competencies, knowledge, skills, and abilities that are held by individual employees and that are useful to the firm.
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