Examlex
People are the only resource used in a project.
Lower Skills
Lower Skills refer to a relatively low level of expertise or competency in performing tasks, usually requiring less education or training.
Compensating Differentials
Wage differentials that arise to compensate workers for the desirability or undesirable aspects of their jobs, such as risk or location.
Property Income
Income received by individuals or entities through ownership of property. This could include rental income, dividends from investments, or interest on savings.
Smooth Functioning
Describes a situation where processes operate without interruption, often related to the seamless operation of systems or organizations.
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