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Which Cost Is Included in Labour Cost Flows

question 20

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Which cost is included in labour cost flows?


Definitions:

Productivity

The measure of efficiency in which goods or services are created, often evaluated as the output per unit of input.

Fulfillment

A feeling of satisfaction or happiness as a result of fully developing one's abilities or character.

Deficit Principle

A principle that suggests that once a relatively satisfied need is no longer met, it will re-emerge and become the dominant motivator of behavior.

Motivator

Anything that stimulates interest or action, especially in terms of encouraging people to achieve goals or improve performance.

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