The Goal of ___________Is Not to Gain Small Incremental Cost

question 6

Short Answer

The goal of ___________is not to gain small incremental cost savings,but to achieve great efficiency leaps-of 100 percent and even 1000 percent.

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Definitions:

Technological Advances

The forward progression in technology leading to the development of new tools, systems, or methods that improve efficiency or effectiveness.

Turnover

The rate at which employees leave a company and are replaced by new hires, impacting an organization's performance and culture.

Organizational Commitment

The psychological attachment that an employee feels towards their organization, which can affect their willingness to stay with the company.

Job Satisfaction

The level of contentment employees feel about their work, which can affect their performance and overall well-being.