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Josh, an HR manager at RoxCom LLC, is responsible for implementing a guided self-appraisal system using management by objectives in his organization. He has reviewed the job description and the key activities that constitute the employee's job. Which of the following is typically the next step for Josh?
Education and Knowledge
Education and knowledge pertain to the process of acquiring information, skills, values, and understanding through experiences, schooling, and study, which collectively empower individuals and societies.
Factor Distribution
Refers to the way in which income is distributed among the factors of production, typically labor, capital, and land.
Human Capital
The combined abilities, expertise, or other non-physical assets belonging to people that can be leveraged to generate economic worth.
Proprietor's Income
The income earned by the owner of a sole proprietorship, which consists of the profits generated by the business.
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