A Labor-Intensive Industry Is One in Which Wages and Other

question 14

True/False

A labor-intensive industry is one in which wages and other compensation paid to employees constitute a very small percentage of expenses.

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Definitions:

Goal-setting

The action of establishing achievable and measurable objectives to guide personal or professional development.

Self-fulfilling Prophecy

A self-fulfilling prophecy is a belief or expectation that influences behavior in a way that causes the belief to become true.

Directive Leadership

A leadership style characterized by giving direct orders and instructions, with a clear line of authority and control.

External Locus of Control

The belief that one's outcomes in life are determined by external forces or events outside their control, as opposed to being the result of their own actions (internal locus of control).