Norms That Are Considered to Be Central to the Functioning

question 93

True/False

Norms that are considered to be central to the functioning of society and to social life are called folkways.

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Definitions:

Compensation Method

A system or approach used to determine how employees, especially sales personnel, are rewarded for their efforts and performances.

Return-On-Investment

A performance measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the profit of an investment by its cost.

Trade-Off

A situation that involves losing one quality or aspect of something in return for gaining another quality or aspect.

Major Categories

Principal divisions or classifications in a system or grouping, under which more specific items or concepts can be filed.