Figure 27-1.The figure shows a utility function. 
-Refer to Figure 27-1.The utility function that is shown exhibits the property of diminishing
Definitions:
Major Components
Essential elements or parts that constitute the foundation or structure of a system, process, or object.
Compensation System
The combination of salary, wages, and benefits that an employer provides to employees in exchange for their work.
Flexible Work Schedules
Work arrangements that allow employees to vary their arrival and departure times, as well as work locations, to accommodate personal needs and improve work-life balance.
Compensation System
A structure designed by organizations to determine how employees are remunerated for their contributions.
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