Disguised Unemployment Meaning, Examples, Vs Seasonal

It is because the labor supply remains excessive and insufficient capital or training deprives the labor force of improving their productivity. Disguised unemployment refers to excessive labor employment in a particular activity that requires only a few workers....

Revenue and Turnover: Meaning & Differences

Turnover should be a primary focus for businesses that handle large quantities of inventory or that experience frequent staff changes. Efficient turnover management can lead to smoother operations and improved profitability. Revenue is also called as “Topline” as it...

Degree of Operating Leverage DOL Definition

If a firm generates a high gross margin, it also generates a high DOL ratio and can make more money from incremental revenues. This happens because firms with high degree of operating leverage (DOL) do not increase costs proportionally to their sales. On the...