Examlex
Disregarding risk, if money has time value, it is impossible for the future value of a given sum to exceed its present value.
Positive Discipline
A management strategy that focuses on encouraging good behavior in employees through positive reinforcement rather than punishment.
Punishment
A method used to discipline or correct undesirable behavior, typically by enforcing a penalty or negative consequence.
Employee Relations Practices
Practices that aim to maintain positive relationships between an organization and its employees, focusing on open communication, conflict resolution, and fair treatment.
Productivity
A measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.
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