When a Firm Recognizes the Critical Importance of Its Employees

question 260

Multiple Choice

When a firm recognizes the critical importance of its employees by attempting to provide good conditions and opportunities, it sets an employee ________ goal.

• A) satisfaction
• B) responsibility
• C) compensation
• D) core value
• E) welfare

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Definitions:

Ethics

The standards of conduct by which actions are judged as right or wrong, honest or dishonest, fair or not fair.

Net Income

The total earnings of a company after all expenses and taxes have been deducted from revenues, indicating the company's profitability.

Total Expenses

The sum of all costs and expenses incurred by a business during a specific period, including operating and non-operating expenses.

Total Revenues

The complete amount of income generated by a business through its activities, before any costs or expenses are deducted.