Examlex
A bond's call feature may be exercised if
1. the yield to maturity exceeds the current yield
2. the yield to maturity is less than the current yield
3. interest rates have risen
4. interest rates have fallen
Immaterial Compensation
Forms of non-monetary rewards such as recognition, opportunities for personal development, or flexible working conditions given to employees.
Post-Fordist Organizations
Organizations characterized by flexibility and innovation in production and labor management, moving away from mass production models.
Continuous Improvement
An ongoing effort to enhance products, services, or processes to achieve better quality and efficiency.
Economies Of Scale
Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.
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