Which of the Following Is a Soft Cost Associated with Replacing

question 128

Multiple Choice

Which of the following is a soft cost associated with replacing workers?

• A)lost customer contacts
• B)advertisements
• C)lost production
• D)recruitment costs

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Definitions:

Absolute Poverty

A condition where individuals lack the minimum amount of income or resources necessary to maintain basic living standards and needs.

U.S. Poverty Line

A measure used by the federal government to define the threshold below which individuals or families are considered to be living in poverty, based on income.

Western Capitalism

A socio-economic system characterized by private or corporate ownership of capital goods, investments determined by private decision, and prices, production, and the distribution of goods determined primarily by competition in a free market.

Natural Resources

Materials and components found in nature that can be used for economic gain or necessary for life, such as water, timber, and minerals.