Examlex
A disadvantage of a sole proprietorship is that it is subject to double taxation.
Frederick Taylor
The founder of scientific management theory, advocating for efficiency and productivity through systematic study and the division of labor.
Incentive
A reward or benefit offered to individuals or groups to motivate specific actions or behaviors.
Training
The process of enhancing the skills, capabilities, and knowledge of employees for the effective execution of their responsibilities.
Managerial Competence
The combination of skills, knowledge, and ability that enables a manager to effectively perform their duties and lead their team or organization.
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