If the Bus Fare of a City Increases from $1

question 106

Multiple Choice

If the bus fare of a city increases from $1.00 to $1.25 per ride and as a result total revenue increases, then we know that

• A) percentage change in fare is less than percentage change in number of rides.
• B) percentage change in fare is greater than percentage change in number of rides.
• C) percentage change in fare is equal to the percentage change in number of rides.
• D) it is impossible to tell.

Comprehend the effect of organizational justice dimensions (procedural, distributive, and interactional) on employee perceptions and actions.

Understand the impact of mergers and acquisitions on employees and organizational effectiveness.

Explore strategies for employee retention and the importance of organizational commitment.

Recognize effective communication and documentation practices in HR processes, including termination.

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Definitions:

Diversification

A risk management strategy that mixes a wide variety of investments within a portfolio.

Global Economy

refers to the interconnected worldwide economic activities and exchanges that transcend national borders.

China's Foreign Direct Investment

Investments made by China in business interests in other countries, in the form of ownership of firms or establishment of manufacturing or service facilities.

Insourcing

The practice of performing tasks or services within an organization, using its own employees and resources instead of outsourcing.