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The financial sector currently is in prime position to become more innovative, more relying on new technology and emphasis on the skills and knowledge of employees, and no longer depend on the assets of companies such as machinery. This is due to the competitive pressure arising from changes in the environment of the financial sector, technological advances and the needs of consumers in terms of product quality. Therefore, the financial sector will need to anticipate and respond to the requests and expectations. Skilled individuals is indispensable to facilitate high value added on a product and services, as well as the competence to build confidence and consumer confidence (Mavridis, 2004).
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