Examlex
Stan is playing with his ball, and Billy is playing with his doll, but they are each watching what the other is doing. What are Stan and Billy most likely involved in?
Gainsharing
A program where employees receive financial rewards based on the performance improvement or cost-savings achievements of their work group.
Productivity
The measurement of efficiency of production, especially in terms of output per unit of input.
Cost Savings
The reduction in expenses achieved through efficiency improvements, negotiation, or eliminating wasteful practices.
Productivity Measurement
The process of determining the efficiency of production of goods or services, typically by comparing input resources to output.
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