Labour definition business

  • Why is labor important in an organization?

    Enhanced labor relations result in improved work productivity, and work profits.
    It also plays an important role in customer retention.
    When the employees feel satisfied with their work, they pay attention to the needs of the clients, resulting in a positive customer experience..

  • Hairdressing, house building, teaching and the fashion industry are examples of labour intensive industries.
    A capital-intensive industry is where a business relies heavily on machinery and technology in its transformation of inputs into outputs.
  • physical or mental work, especially of a hard or fatiguing kind; toil. a job or task done or to be done. the physical effort and periodic uterine contractions of childbirth.
  • We may define labour as any exertion of mind or body undergone partly or wholly with a view to some good other than the pleasure derived directly from the work.

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