Examlex
Careful business plans include a/an ______ analysis projecting if assumptions will be wrong by some percentage.
Due Care
The level of judgment, attention, and diligence reasonably expected from, and ordinarily exercised by, a person under a particular circumstance.
Efficiency Wages
Efficiency wages refer to the concept where employers pay higher than the market-clearing wage to increase productivity, reduce turnover, and encourage loyalty among employees.
Labor Force Turnover
The rate at which employees leave a company and are replaced by new employees.
Labor Productivity
Average product of labor for an entire industry or for the economy as a whole.
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