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Annette spends time weighing these two possible solutions against each other and finds they rate poorly to solve the problem of kitchen injuries. For example, sanctions and punishments could be viewed negatively and as a threat, and employees might fail to report injuries for fear of punishment. Similarly, while the reward system might be viewed more positively, Annette is also concerned that since rewards would be contingent on achieving a lower number of reported injuries, there is less incentive to report incidents that should be legally reported. Annette has accomplished which step of the decision-making model?
Partnership Agreement
A legal document that outlines the terms and conditions among business partners regarding their business engagement.
Annual Profit
The amount of money a business earns in one year after all expenses have been deducted from its total revenue.
Investment
Allocating monetary assets with the aim of achieving returns or generating revenue.
Property Taxes
Taxes levied by local government on real estate properties, based on the assessed value of the property.
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