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Help in Increasing Labor Productivity

Do Efficiency Wages Actually Help in Increasing Labor Productivity?

In the arena of economics, the efficiency wages hypothesis is a popular theory that claims that the overall productivity of an industrial area can be enhanced to a great extent if the predetermined wages of the laborers are also increased. Hence, if the firms raise salary – a few or the entire higher wage rates […]

Bijo Tyrell

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Tricks to Excel in Statistics

Lesson 101: Follow These Brilliant Tips and Tricks to Excel in Statistics

“How on earth am I going to pass in this subject?” Is that how you feel about statistics? In case you do, don’t worry! Statistics can be a bit tricky and challenging as well. However, with the right approach and initiatives, you can excel in it. Are you intrigued to know how? If yes, continue […]

Andrie Conlon

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Effects on Day to Day Life

Understanding the Intricacies of Discounted Cash Flows and How It’s Effects on Day to Day Life

Being a finance manager is a tough task and the major part of your responsibility will comprise of the following tasks: Allocation of organizational resources amongst the production and labor departments in the organization Ensuring that there is proper allocation of resources among the departments and that there is no excess or deficiency of resources. […]

Bijo Tyrell

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Decisions on Business Management

The Significance of Statics for Making Vital Decisions on Business Management

At certain points of time in life people might come across extremely stressful situations. These circumstances or scenarios might require people to make a difficult choice. Now, taking this decision effectively and correctly is where statistic comes into play. Be it in any situation or state, taking the appropriate decision is absolutely essential. Hence, using […]

Andrie Conlon

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