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Sara is an efficient supervisor at a restaurant, which is part of a large national chain. She was recently sent to a two-week educational course by her employer to help her get the skills she needs for promotion to a higher management post. The human resource management concept illustrated in the scenario is _____.
Efficiency
The optimal use of resources to achieve the desired output with minimal waste or effort.
Negative Income Tax
A welfare system in which individuals earning below a certain income threshold receive supplemental pay from the government instead of paying taxes.
Labor Earnings
Income received by workers for their labor, including wages, salaries, bonuses, and other compensation.
Income Distribution
Income distribution describes how a nation’s total GDP is spread amongst its population, influencing the standard of living and economic inequalities.
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