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Experiential Learning: Definition & Examples
Experiential learning is defined as the process involved in acquiring and applying knowledge specifically in a real-world situation. These kinds of programs emphasize more on hands-on approaches to sharpening skills and expertise. They can include postgraduate programs, co-ops, internships, externships, volunteering, service-learning programs, and more. Experiential learning can expand your skill set, assisting you in…
Read MoreTransparency in Business: Why It’s Important for Success
How much information are employers required to share with staff to increase transparency in business? Business owners and managers must make this decision from time to time. They may need to inform employees about changing revenues, internal reshuffling or even downsizing. All these actions must be well thought out since confidentiality is important too. However,…
Read MoreThe Impact of Unconscious Bias in The Workplace
Even when there are good intentions, as well as the need to be fair, unconscious bias still manifests in different ways when in the workplace. Nepotism and even affinity bias plague hiring practices, and this makes micro-aggressive behaviors and other inequities thrive. This means that some groups are marginalized, making them miss out on key…
Read MoreThe Accounting Cycle for Your Company
The accounting cycle refers to a series of steps taken by companies every accounting period for them to properly manage their financial transactions and accounts. If you want to follow an accounting process, begin by setting up the accounting system for that period, then at the end of that accounting cycle, you’ll be ready to…
Read MoreThe Details of Developing Solid Leadership Values
Good leaders do not only have values, but they also recognize the necessity of ethical behavior. Excellent leaders exhibit their core leadership values as well as their ethics both in their words and actions. Leadership ethics should be visible since you must portray them in your daily actions, so people know exactly what to expect.…
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