To Assign Monetary Values to Employee Benefits,you Can Place a Market

question 7

Multiple Choice

To assign monetary values to employee benefits,you can place a market value on the benefit or calculate the ____ value of the benefit.

• A)present
• B)future
• C)index
• D)physical

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Definitions:

Production Blocking

A phenomenon in group brainstorming sessions where the flow of ideas is inhibited because only one person can speak at a time.

Satisfice

A decision-making strategy that aims for a satisfactory or adequate outcome, rather than the optimal solution, due to the limitations of the decision-making process.

Creative Practice

Involves engaging in activities or processes that aim to produce original and innovative ideas, solutions, or works.

Commercial Usefulness

The extent to which a product or service can be sold or used in a commercial context to satisfy a need or want.