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Mark owns his own business and wants to make sure that his employees arrive on time each day and take breaks as specified.He has decided to provide a monthly reward of extended break times to each employee who arrives on time and takes breaks as specified.What principle is he using to reward his employees?
Variable Cost Concept
An accounting principle that refers to costs that change in proportion to the level of activity or volume of production.
Rate of Return
The gain or loss of an investment over a specific period, expressed as a percentage of the investment's initial cost.
Production Bottleneck
A point in the manufacturing process where the flow of production is impeded, often leading to delays and reduced efficiency.
Constraint
A limitation or restriction that affects the planning or execution of strategies in business or any other context.
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