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-(Figure: Production Possibilities and Circular-Flow Diagram) Use Figure: Production Possibilities and Circular-Flow Diagram.Assume the two figures represent the same economy.Suppose that in the circular-flow diagram capital that used to flow to firms producing coconuts now flows to firms producing fish.This adjustment in the economy would be BEST represented in the production possibilities figure by a move from point A toward:
Rank-and-File Employee
Workers who are not in managerial positions and usually perform the operational tasks within an organization.
Gainsharing Plans
Programs under which both employees and the organization share financial gains according to a predetermined formula that reflects improved productivity and profitability.
Organizational Resources
The assets, capabilities, processes, and information that a company uses to improve its effectiveness and achieve its objectives.
Executive Compensation
The package of pay, benefits, and incentives provided to an organization's senior management, designed to attract and retain key executives.
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