Examlex
A firm does not recognize internally generated intangible assets because their value cannot be measured reliably.
Frederick Taylor
A U.S. mechanical engineer renowned for his efforts to enhance industrial productivity, famously recognized as the progenitor of scientific management.
Productivity
measures how efficiently goods and services are produced by comparing the amount of outputs generated to the inputs used.
Steel Mill
An industrial plant for the manufacture of steel, involving processes like smelting and refining of iron and steel.
Human Relations
The study and management of how people interact in professional settings to promote understanding and effective workplace dynamics.
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