Examlex
In order to determine how to deal with a problem employee, Sharon evaluated the employee, the problem, and the context in which the problem occurred. She is applying which of the following perspectives?
Human Capital
The economic value of a worker's experience and skills, including education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality.
Utilitarian Justice
A principle in ethics and economics that a decision should be made so as to maximize overall happiness and reduce suffering among all people affected by the decision.
John Stuart Mill
A British philosopher and economist, known for his contributions to liberalism, utilitarianism, and political economy.
Income Redistribution
The policy or practice of adjusting the distribution of income in a society to achieve social or economic objectives.
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