Examlex
The central idea behind management by objectives (MBO) is that employees motivate themselves through the process toward goal achievement.
Physical Capital
Tangible assets such as buildings, machinery, and equipment used in the production of goods and services.
Human Capital
The sum of abilities, expertise, and non-material assets possessed by people that can generate economic benefits for themselves, their employers, or their local area.
Physical Capital
Tangible assets used in the production of goods and services, such as buildings, machinery, and equipment.
Economic Profit
The profit a company makes after subtracting both its explicit and implicit costs from total revenues.
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