Examlex
Rank the components of aggregate demand by their sensitivity to changes in the real interest rate. Start with the most sensitive to the least sensitive.
Progressive Discipline
A method of dealing with job performance problems that escalates through a series of steps, from verbal warnings to written warnings to suspension and, finally, termination.
Hot-Stove Rule
A management principle comparing the consequences of misconduct to touching a hot stove, implying that discipline should be immediate, consistent, impersonal, and related to the offense.
Peer Review Technique
A method used to evaluate work or performance by one's equals (peers) to ensure quality, accuracy, or compliance with standards.
Hot-Stove Rule
A management principle suggesting that discipline should be immediate, clear, consistent, and impartial, similar to touching a hot stove.
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