For Developing Countries

question 35

Multiple Choice

For developing countries:

• A) it is best if they avoid trade until ready to compete globally.
• B) encouraging imports only tends to be more successful than encouraging exports.
• C) encouraging exports only tends to be more successful than encouraging imports.
• D) trade can be a major source of development.

Differentiate between HRIS and Enterprise Resource Planning (ERP) solutions.

Comprehend the importance of data accuracy and compliance with legislation in managing HR information systems.

Identify the role of technology in fostering knowledge communities and self-service platforms within organizations.

Understand the relevance and application of mobile technology and specialized software in HR practices.

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Definitions:

Difference Principle

A principle suggesting that societal inequalities are only justified if they benefit the least advantaged members of society.

Economic Equalities

The state or goal of fair distribution of wealth and resources among individuals or groups, aiming for minimized financial disparities.

Social Equalities

The condition in which no differences in wealth, opportunities, and status exist among members of a society.

Normative Values

Values that are widely accepted and upheld by a group or society, guiding behavior and setting standards for what is considered right or wrong.