Define and Describe RRAS

question 11

Essay

Define and describe RRAS.

Define international trade and understand its components.

Analyze the role of financial markets and institutions in the global economy.

Understand the effects of globalization and financialization on labor standards, employment, and environmental policies.

Evaluate the impact of trade barriers and their removal on industries and economies.

---

Definitions:

Expectancy Theory

A motivational theory suggesting that individuals are likely to act in a certain way based on the expectation that the act will be followed by a specific outcome.

Unexcused Absence

A situation where an employee or student does not attend their scheduled work or class and fails to provide a valid excuse.

Disciplinary Action

Measures taken by an organization to address an employee's breach of policy or misconduct.

Performance Appraisal

A systematic evaluation process by which an employee's job performance is assessed, typically on a regular basis.