Examlex
The lower the skill requirements of the workforce, the more feasible it is to change workforce levels as an aggregate planning option.
Scanlon Plan
A type of gainsharing program that incentivizes employees to improve productivity through teamwork and sharing the cost savings.
Balanced Scorecard
A strategic planning and management system that organizations use to communicate what they are trying to accomplish, align daily work with strategy, and prioritize projects, products, and services.
Dashboard
A graphical interface that displays key data metrics and indicators, allowing users to quickly visualize and monitor performance at a glance.
Differential Piece Rate
A payment scheme where workers are paid based on the amount of work completed, with rates varying according to productivity levels.
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