Oral Reprimands Are Appropriate to Correct

question 116

Multiple Choice

Oral reprimands are appropriate to correct:

• A) general behavior
• B) specific behaviors
• C) bad attitudes
• D) threats to self-image

Understand the concept of opportunity cost and how it can be visualized on a production possibilities frontier (PPF).

Recognize the roles of economists as scientists and policy advisers.

Identify the subject matter specialization within economics, e.g., microeconomics and macroeconomics.

Describe the roles and duties of various economic advisory bodies and government offices in formulating economic policies.

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Definitions:

External Stakeholders

Individuals or groups outside of a business organization that are affected by its decisions and actions.

Continuous Learning

An ongoing process of acquiring new knowledge and skills throughout an individual's life and career to remain relevant and adaptive.

Performance Appraisals

The process by which a manager or consultant evaluates and provides feedback on an employee's work performance.

Needed Employee Behaviors

The specific actions, practices, and attitudes expected from employees to support an organization's objectives and culture.