Examlex
Joshua notes that the next section of the evaluation tool is specific to the organizational philosophy and has a four-point ordinal scale that describes performance from "always meets expectations" to "does not meet expectations." This type of evaluation is most commonly known as:
Labor Costs
The total expenditures incurred by an employer for the compensation of its workforce, including wages, benefits, and other related expenses.
Productivity
The measure of efficiency in which products, goods, or services are created or delivered compared to the input needed to produce them.
Just-In-Time Operations
An approach to manufacturing and inventory management where materials and products are produced or delivered only as needed, minimizing waste and reducing costs.
Organizational Change
The process through which a company or organization changes its structure, strategies, operational methods, or culture to effect improvement or to keep up with external demands.
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