According to Research,three Actions Contribute to Perceived Fairness in Business

question 19

Multiple Choice

According to research,three actions contribute to perceived fairness in business settings.Which of the following is NOT one of those actions?

• A)expectation clarity
• B)encouragement
• C)engagement
• D)explanation

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Definitions:

Fixed Expenses

These are costs that do not change with the level of production or sales, such as rent, salaries, and insurance.

Return On Investment

A measure used to evaluate the efficiency of an investment or compare the efficiencies of several different investments.

Residual Income

The amount of income that an entity has after all costs and expenses, including the cost of capital, have been deducted.

Return On Investment

A measure of the profitability of an investment, calculated by dividing the gain from the investment by the cost of the investment.