Components of an Effective Sexual Harassment Policy Include

question 39

Multiple Choice

Components of an effective sexual harassment policy include

• A)developing different sexual harassment policies for different parts of the company.
• B)directing supervisors to learn about harassment policy during their time off.
• C)establishing an informal policy for dealing with sexual harassment incidents.
• D)taking action as soon as the person guilty of sexual harassment has confessed.
• E)establishing a formal complaint procedure in which employees can discuss problems.

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Definitions:

Average Cost Pricing

A pricing strategy where the price is set based on the average cost per unit produced, including fixed and variable costs.

Profit-Maximizing

The process of increasing financial gain to the highest possible level given the constraints of the market.

Economic Profit

The difference between a firm's total revenue and its opportunity costs, including both explicit and implicit costs.

Price Regulation

Government or regulatory authority control over the pricing of goods and services, often to prevent excessively high prices or monopolies.