Match Each of the Following Terms with Its Definition

question 5

Multiple Choice

Match each of the following terms with its definition.
-A cost resulting from the ongoing evolution and use of a system.

• A)intangible benefit
• B)intangible cost
• C)one-time cost
• D)recurring cost
• E)tangible benefit
• F)tangible cost

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Definitions:

Employee Grievances

Complaints or disputes raised by employees with management concerning workplace conditions, policies, or their treatment.

Labour Relations

The study and practice of managing relationships between employers and employees, focusing on negotiation, collective bargaining, and workplace rights.

Net Benefit

The total positive effects or gains of a project or action, after subtracting the costs or negative aspects.

Benefit-Cost Ratio

A financial metric used to evaluate the efficiency of an investment, comparing the benefits received to the costs incurred.