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Generally Speaking,in Harry's Department,the Employees Perceive That the Amount and Allocation

question 29

Multiple Choice

Generally speaking,in Harry's department,the employees perceive that the amount and allocation of the rewards are fair.This is known as ________ justice.


Definitions:

Mixed Cost

A cost composed of a mixture of fixed and variable components. Costs are fixed for a set level of production or consumption, becoming variable with further production or consumption.

Fixed Expenses

Regular expenses that do not vary in total over a wide range of activity levels.

Contribution Margin

The amount remaining from sales revenue after variable expenses have been deducted; indicates the contribution towards covering fixed expenses and generating profit.

Net Income

The income a company retains after deducting all costs, taxes, and expenses from its total revenue.

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