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Name and Briefly Describe the Activities That Make Up the Value

question 317

Essay

Name and briefly describe the activities that make up the value chain.


Definitions:

Human Resource Management

The strategic approach to the effective management of people in an organization to help the business gain a competitive advantage.

Individual Growth

The personal development and maturation of skills, knowledge, and understanding over time.

Systems Approach

A theory that views organizations as interrelated parts working together to achieve common objectives, emphasizing the importance of understanding the interdependency of all components.

HRM Activities

Tasks and functions performed by the Human Resources Management department, including recruitment, training, and employee support.

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