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To Make It Easy to Terminate a Subordinate, Ensure That

question 31

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To make it easy to terminate a subordinate, ensure that you are being fair, that you deliver the news in a way that is aligned with your organization's values, and allow the employee to maintain his personal dignity.


Definitions:

Bliss Point

The optimal quantity of consumption where any further increase or decrease would lead to a less preferable situation for the consumer.

Absolute Value

the non-negative value of a number without regard to its sign, essentially the distance of a number from zero on the number line.

Convex Preferences

A consumer preference pattern indicating that mixtures or combinations of goods are preferred over individual goods, showing a preference for diversification.

Consumption Bundle

A combination of various goods and services that a consumer chooses to purchase.

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