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The AMA Dictionary of Business and Management by George Thomas Kurian

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L

Labeling theory Sociological explanation for deviance from the norm, as not a condition inherent in something itself but because others have labeled it as such.

Labor intensive Description applied to an industry or production process in which labor costs are so high that they form the lion’s share of the costs.

Labor stability index Measurement showing degree of labor turnover in relation to length of time on the job.

Laboratory training In human resources, a form of relatively unstructured group dynamics in which participants learn to resolve conflicts. The emphasis is on interpersonal skills.

Laches In law, an unreasonable delay that prejudices the opposing party in a claim.

Lady Macbeth strategy In takeover or acquisition battles, a third ...

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