The Idea That Workers Become More Productive If They Think

question 109

True/False

The idea that workers become more productive if they think that managers care about their welfare is called the "Hawthorne Effect."

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Definitions:

Turnover

The total sales made by a business in a specific period, or the rate at which employees leave and are replaced within a company.

Return On Investment (ROI)

A financial metric used to evaluate the efficiency of an investment, calculated by dividing the benefit (return) of an investment by its cost.

Net Operating Income

The total earnings generated from a company's operations, excluding taxes and interest.

Investment Opportunity

A situation or option through which an investor can potentially increase their wealth by allocating resources in a way that generates returns.