Related Definitions

Job Rotation

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The management technique of shifting an employee from one job role to the other is referred to as job rotation. The main intent of job rotation is to familiarise the employee with every vertical of an organization and better exposure. The practice may happen across the employment period and at various levels. It is believed to be a tool to promote employee flexibility and keep them interested into staying with the organization.

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Absolute Advantage

What is an Absolute Advantage? Absolute advantage is one of the key macroeconomic terms, which is based on the principles of Capitalism and is often utilised i......
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