Examlex
If the demand for a product is elastic, the quantity demanded changes by a smaller percentage than the percentage change in price.
Ethics Competency
The ability to recognize ethical issues, make decisions based on ethical principles, and behave in a morally upright manner.
Motivation
The process that initiates, guides, and maintains goal-oriented behaviors, inspiring individuals to act in a certain way.
Performance
The manner in which an individual or group executes a task or activity.
Procedural Justice
The fairness and transparency of the processes used to make decisions, particularly in how individuals feel those decisions are made.
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