The Term Distributive Justice Refers to Perceptions About Fairness in the Allocation

question 36

True/False

The term distributive justice refers to perceptions about fairness in the allocation of outcomes.

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Definitions:

Behavioral

Relating to the actions and reactions of individuals or groups in response to stimuli.

Acquisition Costs

The total cost associated with acquiring a new asset, customer, or property, including all legal, advisory, and administrative expenses.

Customer Retention

The activities and actions companies take to reduce the number of customers leaving or switching to a competitor.

Rate of Return

The gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.