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Policies are designed to address specific issues or provide guidance regarding activities that could have negative consequences for a nation or society.
As the business landscape evolves, companies must remain adaptable and proactive in their approach to transfer pricing, ensuring compliance, fairness, and sustainable practices.
Their involvement in HR policies starts when the company develops or updates its policies. Whole HR specialists are responsible for leading the process.
Hawkins also said policies should be made known and explained to people so that they are aware of what they stand for and how they should be implemented
There is urgent need to increase the private sector by incorporating Africans into some of these companies, or starting new companies nationally, regionally or internationally.