According to Research, Employees Who Are Treated with Dignity and Respect

question 56

True/False

According to research, employees who are treated with dignity and respect, tend to return the favor in the form of higher productivity and lower turnover.

---

Definitions:

Negative Externalities

Unintended and uncompensated costs imposed by one party's actions on others not involved in the transaction.

Efficiency Loss

The loss of economic efficiency that can occur when the balance between supply and demand is not achieved, leading to potential welfare loss.

Deadweight Loss

See efficiency loss.

Marginal Cost

The increase in expenditure incurred from making one more unit of a product or service.