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Acronyms are created to shorten long phrases and speed up communication, much like abbreviations and initialisms. While these terms are similar, they do have distinct differences to note.
Human resource management (HRM) is the strategic and coherent approach to the effective and efficient management of people in a company or organization such that they help their business gain a competitive advantage.
COBOL—Common Business-Oriented Language; COM—Component Object Model or communication; CORBA—Common Object Request Broker Architecture; CORS—Cross-origin resource sharing; COTS—Commercial off-the-shelf; CPA—Cell processor architecture; CPAN—Comprehensive Perl Archive Network; CP/M—Control Program/Monitor; CPRI—Common Public ...
Effective communication, also called open communication, prevents barriers from forming among individuals within companies that might impede progress in striving to reach a common goal. For businesses to function as desired, managers and lower-level employees must be able to interact clearly and effectively with each other through verbal ...
Ke applies most prominently to companies that regularly generate excess capital (free cash flow, cash on hand) from ongoing operations. Critically, in assessing a company's financial position (and reading its balance sheet), COE is distinguished from CAPEX , or costs associated with Capital Expenditures.
A human resources management system (HRMS), also human resources information system (HRIS) or human capital management (HCM) system, is a form of human resources (HR) software that combines a number of systems and processes to ensure the easy management of human resources, business processes and data. Human resources software is used by ...
Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. [ 1 ] [ 2 ] A narrower concept is human capital , the knowledge and skills which the individuals command. [ 3 ]
FYG, meaning For Your Guidance. Also written as Fyg. Used at the beginning of the subject, typically in corporate emails in which management wants to inform personnel about a new procedure they should follow. FYR, meaning For Your Reference. This is typically used in email subjects to send follow-up information about something the recipients ...