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"Economists Are Scientists and Therefore Should Not Become Involved in Making

question 45

Essay

"Economists are scientists and therefore should not become involved in making value judgments which policy formulation necessarily entails".Do you agree?


Definitions:

Culturally Diverse

Characterized by the inclusion of people from a variety of cultural, ethnic, and racial backgrounds.

Performance Management

The systematic process by which an organization involves its employees in improving organizational effectiveness by focusing on objective setting, performance reviews, and the development of skills.

Focal-Point Review System

A performance evaluation method concentrating on critical job elements or specific objectives that are pivotal to an individual’s role within an organization.

Expectancy

A psychological concept referring to an individual's belief about how likely their effort will lead to a certain level of performance and desired outcomes.

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