If a Country Put a High Value on Humane Orientation

question 121

Multiple Choice

If a country put a high value on humane orientation, its reward preference would be

• A)stock options.
• B)individual incentives.
• C)pay for performance.
• D)skill-based pay.
• E)workplace child-care programs.

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Definitions:

AFC

Average Fixed Cost (AFC) is the fixed costs of production (such as rent, salaries, machinery) divided by the quantity of output produced.

Fixed Costs

Costs that remain constant regardless of the level of production or output, such as rent, salaries, and loan repayments.

Maximum Amounts

The highest allowable or possible quantity or number in a given set of circumstances or regulations.

Variable Costs

Expenses that vary in relation to the amount of activity or production volume within a company.