Nations rely on one another for living things they cannot produce themselves.
Comparative advantage. Because a lower opportunity cost(comparative advantage) means a producer use the resource more efficint to produce what people want the most whereas absolute advantage only consider the number of goods or services being produced. Though a producer have a absolute advantage, but he or she may use the resource inefficiently, which will cause a disadvantge in the confront with scarcity. If we assign jobs according to comparative advantage, all individuals may benefit if the assignments are well specialized or the products are well exchanged. The resoure is limited, so only specialize each individual accroding to comparative advantage could lead to more total production.
Foreign exchange
one is a human resource manager and the other one is a personal relation officer ... the difference is quite clear
Ready availabililty and renewable resource.
Ready availabililty and renewable resource.
chiri millasi pittris....
The Settlers of Catan Monopoly card allows players to take all resource cards of a specific type from all other players. This card can be strategically used to gain a monopoly on a particular resource, giving the player a significant advantage in trading and building settlements and cities.
You never need to replace the resource.
that lacks a stand-alone resource that is competitively powerful may attempt to develop a competitive advantage through
YOUNKYOO KIM has written: 'RESOURCE CURSE IN A POST-COMMUNIST REGIME: RUSSIA IN COMPARATIVE PERSPECTIVE'
the advantage of going from electricity to solar is it is a renewable resource not like oil, gas, natural gas, etc.
In what several ways human resource manages can have a direct impact on organizational performance?