The Greatest Difficulty with the Positive Approach to Discipline Is

question 28

Multiple Choice

The greatest difficulty with the positive approach to discipline is that _____.

• A) employees do not take the process seriously until they reach the final warning stage
• B) it needs the managers to take an authoritative approach
• C) managers have to be trained extensively to become effective counselors
• D) it typically increases the rate of voluntary turnover

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Definitions:

FIFO vs. LIFO

Accounting methods for valuing inventory; First In, First Out (FIFO) and Last In, First Out (LIFO) affect the cost of goods sold and inventory valuation.

Economic Value Added

A measure of a company's financial performance based on the residual wealth calculated by deducting cost of capital from its operating profit.

Cost of Debt

The effective rate that a company pays on its current debt.

Prospective Capacity

Refers to the expected or future ability of a company or economy to produce goods or services.