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Logistics Is Concerned with the Flow of Information as Well

question 187

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Logistics is concerned with the flow of information as well as with the flow of goods.


Definitions:

Workforce Analytics

Workforce analytics involves the use of statistical methods and analytics on employee data to improve hiring practices, workforce management, and business outcomes.

Turnover

The rate at which employees leave a company and are replaced by new employees.

Company Goals

The objectives or targets that a company aims to achieve, which guide its strategic and operational decisions.

Employee Efficiency

The effectiveness with which employees perform their tasks, often measured in terms of output in relation to input.

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