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Are there economies of scale for a waiter serving customers in a restaurant? What economies of scale are realized if party sizes increase? Is there a maximum party size beyond which scale diseconomies are experienced?
Skill Based Pay
A compensation system that pays employees based on their skills, knowledge, and abilities rather than their job title or position.
Organizational Structures
The systems of hierarchy and arrangement of job roles, responsibilities, and communication pathways within a company or institution.
Continuous Process Improvement
The ongoing effort to improve products, services, or processes through incremental and breakthrough improvements.
Japanese Management
A unique style of corporate management originating in Japan, emphasizing consensus, long-term employment, slow decision-making processes, and strong loyalty to the company.
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