Gaining Competitive Advantage through Human Resource Management Practices
Gaining Competitive Advantage through Human Resource Management Practices
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Gaining Competitive Advantage through Human Resource Management Practices
Competitive advantage is the leverage that a business has over its competitors. This can be gained by offering clients better and greater value, advertising products or services with lower prices or higher quality interests’ consumers and target markets recognize these unique products or services. Human resources are defined as firm's knowledge, experience, skill and commitment of the employees to the firm; their relations with each other and with others outside the firm. They are the most important firm asset, the ones that research, design, project and differentiate