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No company can remain insulated from the development taking place in the external environment. One has to constantly monitor it on a proactive basis and react promptly even to keep one's head above water. To achieve a fair share of the market, it must continue to perform well. The performance of any organization is closely linked with the quality of human resources under its fold. As knowledge and its application command a critical importance in economic activities, in a world of competition, acquisition, development and retention of knowledge capital poses a challenge to top-echelons of management...
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