A Quasi-Contract Is Not a Contract,but a Fiction Created by the Courts

question 3

True/False

A quasi-contract is not a contract,but a fiction created by the courts to prevent injustice.

Distinguish between discipline and punishment and understand their implications for managing employees.

Understand the role and process of employee assistance programs (EAPs) in addressing personal problems affecting work.

Recognize the importance of privacy and respect in the disciplinary process.

Know the appropriate first steps and procedural measures in confronting and assisting troubled employees.

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Definitions:

Responsibility Center

Any business segment whose manager has control over costs, revenues, or investments in operating assets.

Queue Time

The duration a product or job order spends waiting to be processed, not including the time actually taken to complete the task.

Non-value-added Time

Time during production that does not directly contribute to the final value of the product, such as waiting times or transportation of goods.

Financial Measures

Metrics used to evaluate a company's financial performance and health.