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Explain Why Secondary Markets Are So Important to Businesses That

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Explain why secondary markets are so important to businesses that need to raise capital?


Definitions:

Individual Employee

A single person who works for a company or organization and contributes to its objectives through their labor or expertise.

Employer Value

The benefits and offerings provided by an employer that make the organization attractive to current and potential employees, often including compensation, work-life balance, and career opportunities.

Market Pricing

The process of determining the value of a job in an organization based on the prevailing market rate for similar positions in the external labor market.

Job Evaluation

The systematic process for assessing the relative worth of jobs within an organization to establish a fair and equitable pay structure.

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