Katie Understands That Employee Turnover Is Expensive and Stressful on Staff

question 882

Multiple Choice

Katie understands that employee turnover is expensive and stressful on staff. The best defense against employee dissatisfaction is

• A) the employee handbook.
• B) open and honest communication.
• C) written policies and procedures.
• D) weekly departmental meetings.

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Definitions:

Substantial Perform

This refers to a situation in contract law where a party has completed enough of their contractual obligations that they are considered to have fulfilled the contract, despite minor issues or incomplete details.

Right to Cure

The legal opportunity given to a defaulting party to correct or remedy their failure or breach within a specified time frame before further legal action is taken.

UCC

The Uniform Commercial Code encompasses a wide-ranging body of legal principles that control commercial transactions across the United States.

Installment Contract

An agreement where payment is made in parts over a period, typically for real estate or high-value items, until the total price is paid in full.