In today's competitive business landscape, companies are constantly searching for ways to maximize their efficiency and profitability. One often overlooked aspect of this quest is the value that human capital brings to an organization. Human Economic Value Added (HEVA) is a concept that sheds light on this crucial element, allowing companies to understand and enhance the true worth of their employees. Human Economic Value Added (HEVA) measures the economic contribution of human capital to a company. It goes beyond the traditional financial metrics and recognizes the impact that employees have on the organization's overall performance. HEVA takes into account factors such as skills, knowledge, experience, and productivity, providing a more comprehensive evaluation of the value employees bring to the table. Calculating and enhancing Human Economic Value Added is crucial for several reasons. Firstly, it allows companies to accurately evaluate the contribution of their employees, e
Although the sharp drop in oil prices seems to be a big problem for the country's economy, it is actually a great advantage because it gives us great signals to prepare for the future. The end of 2014 and the beginning of 2015 were marked by failures for oil exporting countries, including Azerbaijan. So, while the price of oil exceeded $110 in June 2014, it lost enough value and approached $40 at the end of the year. Currently, the price of oil varies between $50-60. There are a number of conspiracy theories about the drop in oil prices. According to some, the main reason for the drop in oil prices is the desire of the United States to punish Russia. According to some, the kingdom of Saudi Arabia, a major oil exporter, is deliberately lowering the price of oil to drive US shale oil out of the market. According to other theories, the increase in the use of alternative energy and shale oil indirectly had a negative impact on oil consumption and oil prices. Against the backdrop of a s