Which of the Following Is Not an Example of an Employee-Oriented

question 123

Multiple Choice

Which of the following is not an example of an employee-oriented nonfinancial measure?

• A)Absenteeism
• B)Labor productivity
• C)Accidents per month
• D)Employee empowerment

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Definitions:

Opportunity Cost

The cost of forgoing the next best alternative when making a decision, representing the benefits one misses out on.

Accounting Profits

The total revenue of a company minus the explicit costs, not including opportunity costs, showing the financial performance.

Economic Profits

The difference between total revenue and total costs, including both explicit and implicit costs.

Speeding Ticket

A penalty issued by law enforcement to a driver who is found to be exceeding the legal speed limit.