In Return for Converting Resources Efficiently into Needed Goods and Services,society

question 23

Multiple Choice

In return for converting resources efficiently into needed goods and services,society gives corporations the authority to take necessary actions and permits a profit.This agreement derives from:

• A) natural law.
• B) positive law.
• C) libertarianism.
• D) social contract.

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Definitions:

Management By Objectives

A model of strategic management designed to enhance organizational performance through the clear establishment of goals mutually agreed upon by both management and employees.

Best Employers

Companies recognized for exemplary workplace practices, employee benefits, and positive organizational culture, often leading to high employee satisfaction and retention.

Performance Expectations

The standards or criteria established by an organization or supervisor against which an individual's work is evaluated.

Reward And Recognition Practices

Organizational strategies for acknowledging and rewarding employees' efforts and achievements to motivate and engage them.