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Employee share ownership plans and share options tend to create an ''ownership culture'' in which employees feel aligned with the organization's success.
Continuous Improvement
An ongoing effort to enhance products, services, or processes through incremental and breakthrough improvements.
Established Business Practices
Conventional methods and procedures that are widely accepted and utilized within a particular industry or by a specific company over time.
Performance Levels
Measures of an individual, group, or organization's output compared to a predefined standard or expectation.
Direct Costs
Costs that can be directly attributed to the production of specific goods or services, such as labor and materials.
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