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Discuss the importance of listening skills. What is reflection, and how does it help managers listen effectively? What are some other ways to become a better listener?
Human Capital
The competencies, insights, and background that an individual or community has, seen from the perspective of their financial or valuable contribution to a corporation.
Soft Cost
Expenses not directly related to physical construction in projects, including legal fees, permits, and architectural services.
Turnover
The rate at which employees leave an organization and are replaced by new personnel over a certain period.
Lost Production
The quantity of goods or services that could have been produced but were not due to disruptions, inefficiencies, or other factors.
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