Examlex
The mechanistic organization tends to reduce the cost of high turnover by delegating decision making to lower levels.
Labor Productivity
The output of goods and services produced per unit of labor input, often used as an indicator of economic efficiency.
Labor Force
The total number of people employed and unemployed, who are actively looking for work in an economy.
Population Growth
The growth in a population's size over a certain time frame.
Income Distribution
The way in which total income is shared among individuals or households in an economy.
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