Examlex
A ________ is the set of companies that allows products to flow from the source to the consumers, whereas ________ is the actual management process of planning, implementing, and controlling such flow.
Gainsharing
A program where employees receive financial rewards based on the performance improvement or cost-savings achievements of their work group.
Productivity
The measurement of efficiency of production, especially in terms of output per unit of input.
Cost Savings
The reduction in expenses achieved through efficiency improvements, negotiation, or eliminating wasteful practices.
Productivity Measurement
The process of determining the efficiency of production of goods or services, typically by comparing input resources to output.
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