Examlex
If the costs of switching to another vendor are high,then the strength of the competitive forces is low.
Long-Term Basis
Refers to actions, plans, or relationships intended to last or be effective over an extended period of time.
Profit Sharing
Sharing profits with employees of an organization by the owners.
Gainsharing
A system where employees are rewarded based on the performance improvements or financial gains of their company.
Scientific Management
Early 20th century theory introduced by Frederick Taylor and his colleagues that analyzes workflow through systematic observation or reasoning.
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