Examlex
Describe and discuss the two most popular forced comparison methods of performance evaluation.
Service Sector
The segment of the economy that produces intangible goods, such as services rather than physical products, including industries like healthcare, education, and finance.
Labour-intensive
Describing industries or processes that require a large amount of manual labor input compared to capital investment.
Automate
The use of technology to perform tasks with minimal human intervention, often to increase efficiency and reliability.
Capital Intensive
Describes industries or businesses that require large investments in capital assets relative to labor to produce goods or services.
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