Examlex
A work schedule that allows employees to work ten hours a day for four days instead of eight hours a day for five days is an example of a flextime system.
Profitability
The state of yielding financial gain or profit from business activities.
Organizational Effectiveness
The degree to which an organization achieves its goals and objectives through the efficient use of resources.
Span of Control
The number of subordinates a manager or supervisor can effectively manage and control.
Administrative Costs
Expenses associated with daily operations of managing a business or organization, including office supplies, salaries of non-production staff, and utilities.
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