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Research has shown that there is a very weak link between performance management results and the development of training objectives.
Additional Revenue
Income that a business generates from activities not related to its primary operations, often enhancing overall earnings.
Unit of Labor
A measure of work or effort performed by a labor force, often used in assessing productivity or efficiency.
Marginal Revenue Product
The extra income produced by using an additional unit of a resource, such as manpower or investment.
Going Wage
The prevailing wage level for a given job in a specific market or industry, often determined by the balance of supply and demand for labor.
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