When a Supervisor Decides to Dismiss an Employee, Which of the Following

question 3

Multiple Choice

When a supervisor decides to dismiss an employee, which of the following suggestions should NOT be followed?

• A) keep an open mind in case the subordinate offers an acceptable plan to correct his or her disciplinary problem
• B) avoid mixing the good with the bad
• C) keep the termination meeting businesslike and fairly brief
• D) avoid bringing personal feelings into the discussion

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Definitions:

Total Revenue

The sum of all revenue collected from selling goods or services before deducting any costs.

Marginal Cost

The monetary requirement for the generation of one additional unit of a good or service.

Average Total Cost

The total cost of production (fixed plus variable costs) divided by the total quantity of output produced. It measures the cost per unit of output.

Ceteris Paribus

a Latin phrase meaning "all other things being equal," used in economic models to isolate the effect of one variable.