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The Variety of Ways in Which HR Strategies Can Be

question 21

Essay

The variety of ways in which HR strategies can be generated results in various levels of linkage with the business.Discuss the four categories of this relationship.


Definitions:

Commercial Banks

Financial institutions that provide a range of services such as accepting deposits, lending money, and offering investment products.

Store Of Value

An asset that can be saved, retrieved, and exchanged at a later time, and be predictably useful when retrieved.

Money Supply

The aggregate financial resources within an economy, including cash, coins, and the funds in checking and savings accounts, at a designated time.

Paper Money

Currency in the form of paper notes issued by the government or central bank as legal tender for transactions.

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