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How Does Utility Affect Demand for a Product

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How does utility affect demand for a product?


Definitions:

Absenteeism

refers to the habit of being absent from work, often without a good reason, which can negatively impact productivity and team dynamics.

Compressed Workweek

A work schedule that allows an employee to work a full number of hours per week but in fewer days.

Flexible Work Arrangements

Employment terms that allow workers to vary their work schedule, location, or hours to better fit their personal needs or preferences.

Telework Centre

A facility offering equipment and services to allow individuals to work remotely, often used by employees to avoid long commutes.

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