Examlex
Children who are exposed to socioeconomic difficulties develop higher levels of optimism throughout their lives.
Strategic Basis
The foundational approach or rationale underlying the formulation of strategies within an organization or project.
Scanlon Plan
A participative management method that focuses on productivity improvement and labor cost savings, with financial benefits shared among employees.
Labor Cost Savings
Reductions in expenses associated with employee compensation, including wages, benefits, and other payroll-related costs.
Industrial Revolution
A period of major industrialization that took place during the late 18th and early 19th centuries, leading to significant technological, socioeconomic, and cultural changes.
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