If You Are Trying to Take a More Positive Approach

question 18

Multiple Choice

If you are trying to take a more positive approach to disciplinary action all of the following statements are accurate EXCEPT:

• A) you will identify and address problems early before they get out of control.
• B) constructive feedback will be provided so that improvement can occur.
• C) the employee is given the responsibility of improving their own behavior.
• D) documentation is unnecessary since the intention is not to terminate the employee.
• E) the focus is on problem solving rather than punishing the employee.

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Definitions:

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay, representing their gained benefit.

Market Price

The current price at which a commodity, security, or service can be bought or sold in a particular market.

Willingness to Pay

The maximum amount an individual is prepared to spend for a particular good or service.

Consumer Surplus

The gap between the aggregate amount that buyers are willing and able to allocate for a good or service and the total sum they really pay.