Introduction With business evolvement and increased competition of firms in different industries, organizations have highly embraced human resource functions, a business unit that has been neglected for many years. Today, organizations view their employees as the ultimate source of their success and are continuously attracting and retaining competitive employees. Through...
A corporate strategy is used to discover how valuable a company is in comparison to other companies . To initiate the strategy, corporations invest in valuable resources, construct the organizational structure, devise a business portfolio, and a host of other business functions, with the anticipation of transferring skills to other...
Ethics play a critical role in business bodies as they help in its efficient governing and operation in internal and external relations, in both domestic and international levels (Fredrick, 2007). An organization governed by a code of ethics and also by a ruler who is ethical has a better chance...
Best Youth Services (BYS) is a not-for-profit organization focused on youth services. BYS provides a multitude of activities to improve the quality of life of youth in the community while also providing opportunities to improve their future. This is the mission statement of this organization and they are now preparing...
Goodwill is a company’s intangible asset that arises when one company acquires another. Goodwill exists in the company’s brand image, brand name, ethical business practices, customer relations, patents, employee relations and advanced technology (Zanoni, 2009). Goodwill is an asset but is intangible because it does not exist in physical form...
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