What Are the Three Major Types of Social Stratification? How

question 48

Essay

What are the three major types of social stratification? How do these three types differ from one another?

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Definitions:

People-centered

An approach or mindset that prioritizes the welfare, development, and engagement of people within an organization or community over other considerations.

Human Capital

The knowledge, skills, and abilities possessed by an individual or population, viewed in terms of their value or cost to an organization or country.

Management Practices

The strategies, methods, and techniques used by managers to perform their functions of planning, organizing, leading, and controlling within an organization.

Human Resource Management

The strategic approach to the effective management of an organization's workers so that they help the business gain a competitive advantage.