Examlex

Solved

Donna Received a Degree in Management and Has Several Years

question 108

Multiple Choice

Donna received a degree in management and has several years of strong management experience.As a result of her education and experience,researcher Robert Katz believed that Donna acquired which of the following principal skills?


Definitions:

Utilitarian Justice

A principle that seeks the greatest good for the greatest number of people in the distribution of resources and benefits.

Decreasing Marginal Utility

The phenomenon where each additional unit of a good or service consumed provides less satisfaction or utility than the previous unit.

Redistribution

The transfer of income, wealth, or property from some individuals to others through a social mechanism such as taxation, welfare, public services, etc.

Income Redistribution

The transfer of income from certain individuals or groups to others through mechanisms like taxes, welfare, and public services to achieve economic equality.

Related Questions