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If the base-year revenue is $8,606 and the increase between the past year and the current year is $515, then the revenue increased by 6%.
Extractive Industries
Industries, such as mining, oil drilling, and logging, that remove natural resources from the earth, often with significant environmental impact.
Knowledge-Based Economy
A knowledge-based economy is an economy where growth is primarily derived from the quantity, quality, and accessibility of the information available, rather than physical inputs or natural resources.
Six Sigma Certification
A designation indicating that someone has been trained on the Six Sigma principles and techniques for process improvement and quality management.
Human Resource Practices
The methods and strategies involved in managing an organization's workforce, including hiring, training, and evaluating employees.
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