In lawful parlance, the owners of a corporation are Usually generally known as the "customers". In a company limited or unlimited by shares (formed or incorporated with a share capital), this will be the shareholders.
The time period "Human Useful resource" was 1st coined by John R. Commons in his novel 'The Distribution of Prosperity'. HR departments are rather new because they started producing inside the late 20th century. HR departments' major goal is to maximize staff productivity and protecting the corporation from any challenges that may well occur Later on.
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Cooperatives are typically classified as possibly consumer cooperatives or worker cooperatives. Cooperatives are fundamental to the ideology of economic democracy.
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