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The ecological model of career development
Maintenance Hours
Maintenance hours tally the time spent on maintaining and repairing equipment, machinery, or systems, crucial for ensuring operational efficiency and longevity.
Return On Investment (ROI)
A financial ratio used to measure the profitability of an investment, calculated by dividing the net profit from the investment by its initial cost.
Residual Income
The income that remains after deducting all required costs of capital and operating expenses from net income.
Margin
A financial metric that measures the amount by which revenue from sales exceeds costs in a business, usually presented as a percentage of revenue.
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