The Difference Between the Economic Resources Received from Customers and the Economic

question 57

Short Answer

The difference between the economic resources received from customers and the economic resources paid to suppliers,employees and other providers of goods and services is called ____________________.

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Definitions:

Organizational Ethics

The principles and standards that guide behavior within the context of a business or organization.

Value-Based Management

A management approach that ensures corporations are run consistently on values that maximize the value for shareholders.

Normative Guidance

Principles or recommendations based on norms or standards intended to direct or influence behavior and decision-making.

Transactional Leadership

A leadership style focused on supervision, organization, and performance; involves motivating employees through rewards and punishments.