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Average Age
The mean age of a particular group of individuals or entities, calculated by dividing the sum of their ages by the number of individuals.
Cost Argument
A principle suggesting that maintaining certain practices, such as equal employment opportunities, can reduce costs associated with turnover, absenteeism, and training by utilizing a larger, more diverse workforce.
Competitiveness
The ability of an individual or organization to compete in the market effectively, often by offering superior products, services, or conditions.
Productivity
The measure of efficiency of a person, machine, factory, or system in converting inputs into useful outputs.
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