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What Did the Morris Rules Establish

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What did the Morris Rules establish?

Recognize the legal and ethical considerations in employee evaluation and disciplinary procedures.
Identify the different disciplinary procedures and their appropriate use based on the severity of offenses.
Distinguish between disparate treatment and disparate impact in the context of employment discrimination.
Understand the role and importance of job descriptions in performance evaluation.

Definitions:

Minimum Required Rate

The lowest return rate necessary for an investment to be considered acceptable.

Net Present Value

Net Present Value (NPV) is a calculation used to determine the current value of a series of future cash flows, taking into account a specified rate of return.

Required Rate

Often referred to as the discount rate or required rate of return, it is the minimum return an investor expects to receive for investing in a project or business.

Net Present Value

A method of evaluating the attractiveness of an investment project, by determining the present value of its expected future cash flows minus the initial investment.

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