Examlex
While listening to your aging instructor,you are also trying to look at the overheads and take notes.This is an example of
Outsourcing
The business practice of hiring a party outside a company to perform services or create goods that traditionally were performed in-house by the company's own employees.
Benefits Administration
The management and operation of an organization’s employee benefits program, including health insurance, retirement plans, and other non-wage compensations.
Flexible Benefits Plans
Employee benefit plans that allow workers to choose from a range of benefit options tailored to their individual needs.
Economies of Scale
Cost advantages that businesses obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.
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