According to the Characterizations of Employee Responses,voluntary Departure Is Classified

question 59

Multiple Choice

According to the characterizations of employee responses,voluntary departure is classified as _____.

• A) exit
• B) voice
• C) loyalty
• D) neglect

---

Definitions:

Diminishing Marginal Utility

The principle that as a consumer consumes more of a good or service, the additional satisfaction gained from each additional unit decreases.

Command Systems

Economic systems where the government or a central authority makes all decisions about what goods and services are produced, how they are produced, and who gets them.

Pure Capitalism

An economic system characterized by private property rights and the market allocating resources with little government intervention.

Laissez-Faire Capitalism

Laissez-Faire Capitalism is an economic system where private parties are free from government intervention like regulations, privileges, tariffs, and subsidies, with property rights upheld.