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Ontology Is

question 3

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Ontology is

Recognize the significance of consistent and clear organizational messaging.
Grasp the principles of effective communication and active listening.
Understand the concept and importance of fairness in organizational policies.
Identify and evaluate methods to improve fairness perceptions in controversial policies.

Definitions:

Molding Machine

A machine used in manufacturing to shape liquid or pliable material using a rigid frame called a mold or matrix.

Straight-line Rate

A method of calculating depreciation by evenly allocating the cost of an asset over its useful life.

Double Declining-balance

An accelerated method of depreciation where the book value of an asset is reduced at double the rate of its straight-line depreciation.

Net Income

The amount of profit remaining after all expenses, taxes, and costs have been subtracted from total revenues.

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