Examlex
External entities are persons, places, or things outside the context of the system.
Long-Term Employment
A form of employment characterized by job stability, where an individual holds positions within a company or industry for an extended period, often leading to benefits such as pensions.
Australasian Company
A company that operates in Australia, New Zealand, and sometimes in the neighboring islands in the Pacific.
Classical Approach
A management theory focusing on the efficiency, productivity, and structure of an organization, emphasizing clear divisions of labor, centralized decision-making, and strict hierarchy.
Human Resource Approach
A management perspective focusing on the recruitment, management, and direction of people in an organization to maximize their potential and achieve organizational objectives.
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