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The Importance of Human Resources

A human resource (HR) is a department within an organization that is responsible for hiring, training, managing, promoting and rewarding employees. Human resources is a vital part of a business’s overall success. It also plays a key role in helping businesses adapt to changes in the business environment. In the early 1900s, the term human…

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What is Social Entrepreneurship?

Social entrepreneurship is a type of business that is rooted in the desire to make a difference. It can involve both for-profit and non-profit businesses, and is often a blend of both. Typically, the goals of social entrepreneurs are to achieve more positive effects in the community, and to develop sustainable businesses. Typically, these goals…

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Types of Companies

Companies are groups of people who are organized to achieve a specific goal. They can be public or private. The primary function of a company is to make a profit from its activities. It can also hire employees and borrow money. However, companies have different legal characteristics and obligations than individuals. Choosing a company structure…