Examlex
One difficulty with compensation administration is the common conflicts between objectives and the on-going need to make ___________________ between these objectives.
Mary Parker Follett
An early 20th-century social worker and management consultant who emphasized the value of collective decision-making and the integration of interests in organizations.
Technical Systems
Systems within an organization that involve the machinery, equipment, and processes necessary for the production of goods and services.
Behavioral Approach
A perspective in psychology focusing on observable behaviors and the ways in which the environment influences those behaviors.
Profits
The financial gain obtained when the revenues generated from business activities exceed the expenses, costs, and taxes involved in sustaining the activities.
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