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Within our dissertation work we conducted a survey of over 500 HR and business leaders in more than 30 countries worldwide to explore how HR priorities and challenges have changed during the global economic downturn. Hudson’s study indicates that during this current economic crisis, the focus is not only on cost cutting through right-sizing, but also on talent engagement, talent development, and the retention of talent key to the organization’s success.
The value of any commodity is determined with the help of money — the universal equivalent for exchange of goods. Therefore, the cost of money has a direct impact on all markets. For example, increasing the value of the national currency value of exported goods expressed in foreign currency, increases, there occur fluctuations in the exch