Examlex
In the equation for the production function Y/L represents
Chargeout Rate
The price per hour that a firm or individual charges for services, often used in consultancy and project-based work environments.
Billable Hour
A measure representing an hour of work that can be charged to a client, commonly used in legal, consulting, and professional services.
Value Chain
A model that describes the full range of activities needed to create a product or service, from conception to delivery and beyond.
Human Resource
The department within an organization that deals with the recruitment, management, and direction of people who work in the organization.
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