The human being is the most important element in the development process and its ultimate goal. Managers therefore seek to implement best practice, and in multinationals there is the potential for intra-organizational learning across national boundaries.
The knowledge and experience of employees is a source of competitive advantage, however, whether this is realised or not may depend on having the right HR policies. The performance of a business organisation is in part dependent on the capability of its human resource (HR).
Any enterprise now is a significant part of the world economy both in terms of trade and employment.
