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Future Time Horizons
A planning period in the future for which predictions or plans are made, often used in strategic planning.
Firm-Specific Human Capital
The competencies, knowledge, skills, and abilities that employees possess based on their tacit knowledge, and learned from experience and through mentorship in the organization.
Competitive Advantage
A state or feature that enhances a company's business standing, making it more successful than its competitors.
HR Forecasting
The process by which human resources departments predict the future needs of a company in terms of workforce requirements.
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