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The second phase of personnel management arrived in the 1930s with
Plant Asset
Long-term tangible assets used in the production and sale of goods and services, such as machinery and buildings.
Productive Demands
The requirement for goods and services based on their use in producing other goods and services.
Additional Costs
Expenses incurred that are above the initially planned or estimated amounts.
Plant Assets
Long-term physical assets used in the operating activities of a business, such as machinery, buildings, and equipment.
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