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When Amber First Started Working at a Car Manufacturing Plant

question 65

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When Amber first started working at a car manufacturing plant assembling car doors, she was slower at the task than her coworkers. As time passed, her speed at assembling the doors increased and she even taught others how to perform the task more quickly. The result was increased employee productivity and the plant experienced cost savings. These cost savings can be attributed to learning effects.


Definitions:

Disclose Financial Information

The process of making a company's financial records available to the public, typically as required by law or regulations.

Taxes

Compulsory financial charges or levies imposed by a government on individuals and organizations to fund public expenditures.

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