Examlex
A bond that had a 20-year original maturity with 1 year left to maturity has more interest rate price risk than a 10-year original maturity bond with 1 year left to maturity.(Assume that the bonds have equal default risk and equal coupon rates, and they cannot be called.)
Action Learning
A hands-on approach to learning, where individuals tackle real-world problems in teams, reflecting on their experiences, and applying their findings.
HRM Systems
Software platforms that support the functions of human resource management, including recruitment, payroll, performance management, and employee development.
Succession Management
A systematic process of identifying and preparing suitable employees through mentoring, training, and job rotation, to replace key positions within an organization in the future.
High-potential Employees
Employees identified within an organization as having the ability, aspiration, and engagement to rise to and succeed in more senior positions.
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