Examlex
The accounts receivable turnover measures the length of time in days it takes to collect a receivable.
Mass Manufacturing
A production process characterized by the large-scale manufacture of standardized products, utilizing assembly lines and advanced technology to achieve high efficiency.
Work Specialization
The process of dividing work activities into separate job tasks to increase efficiency and productivity through focus on specific skills or functions.
Efficiency
refers to the effective use of resources to achieve objectives with minimal waste or effort, often maximizing output with given inputs in various contexts, including business and technology.
Training
refers to the process of enhancing the skills, knowledge, and competencies of employees through educational activities, aimed at improving their performance and productivity.
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