The First Step in Disciplinary Due Process Is To

question 41

Multiple Choice

The first step in disciplinary due process is to:

• A) Notify the employee of the infraction in writing.
• B) Make definite, provable charges.
• C) Establish rules.
• D) Impose a graduated penalty.

---

Definitions:

Average Total Cost

is the total cost of production (fixed and variable costs combined) divided by the quantity of output produced.

Economic Profits

Represents the difference between a firm's total revenues and its total costs, including both explicit and implicit costs.

Monopolistically Competitive

A type of market organization where a large number of enterprises sell products that are closely related but not exact replicas, enabling these firms to possess a measure of market control.

Purely Competitive

A market structure characterized by a large number of buyers and sellers, homogenous products, and the ease of entry and exit, leading to price determination by the market.