Examlex
Which one of the following measures the relationship between the output attained and the total input costs of all the required input resources?
Optimization
The process of making something as effective or functional as possible.
Universal Principles of Management
Fundamental concepts and practices that are widely applied across various industries and organizations to effectively lead and manage teams.
Henry Fayol
A French engineer and scholar, recognized as one of the pioneers of modern management methodologies, noted for his development of a general theory of business administration.
Diversity
The inclusion of individuals from various backgrounds, beliefs, and cultures, contributing to a rich, multidimensional environment.
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