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When a business is interested in investing in labor resources, which would be the most rational approach to hiring?

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They would want to hire labor with the highest level of skills that is needed for that job

User Norbekoff
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Investing in labor resources needs actual output. Hiring must require prior creations or projects done by the worker or skilled professional that are certified by previous employers. Skill-based is the priority of the company, this would put a high regard on the abilities that the hired persons can do to help the company grow. 
User Faire
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