Examlex
The precision represents the closeness of an item to the true (unknown)population value.
Planning
The process of defining goals, establishing strategies to achieve those goals, and developing plans to integrate and coordinate activities.
Efficiency
The capacity to achieve a desired result with minimal waste of time, effort, or resources.
Human Relations Approach
A management theory focusing on the importance of social relationships, employee well-being, and motivation in the workplace.
Scientific Management
A management theory that emphasizes the use of scientific methods to optimize labor productivity and economic efficiency, originally developed by Frederick W. Taylor.
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