How Can a Firm Have a Negative Valued Added,as Supposedly

question 235

Essay

How can a firm have a negative valued added,as supposedly some state-owned businesses did in the former Soviet Union? What has to be true for value added to be negative?

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Definitions:

Human Resource Foundation

The basic principles and practices upon which the management of people in an organization is built, including recruitment, selection, training, and development.

Ethical Conduct

Refers to the practice of acting in ways consistent with what society and individuals typically think are good values.

Leadership

The action of leading a group of people or an organization, or the ability to do this.

Ethics Training

Programs designed to educate employees about the principles of moral behavior and decision-making in the workplace.