Examlex
The five-factor model is a general theory of
Core Competencies
Core Competencies are the unique strengths and abilities that a company or an individual possesses, providing distinct competitive advantages over opponents or the unique propositions one offers in the marketplace.
Payroll Administration
Payroll administration encompasses the tasks involved in managing the compensation of employees, including calculating wages, withholding taxes, and ensuring compliance with labor laws.
Innovation
The process of translating an idea or invention into a good or service that creates value or for which customers will pay.
Secondary Functions
Activities or tasks within an organization that support the primary functions or mission of the business but are not directly involved in the core operational activities.
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