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Related to the Economics in Practice on page 374: Considerable evidence suggests that recently in the United States, executive compensation has ________ and the real wage of the average worker has ________.
Public Commitments
Declarations or promises made in a public setting, binding an individual, group, or organization to a specific course of action.
Persuasive Message
is communication crafted to influence or convince others to adopt a certain viewpoint or take a specific action.
Ethical Leadership
A style of leadership that is guided by respect for ethical beliefs and values, and the dignity and rights of others, focusing on morality and ethical decision making in the leadership process.
Ethics Competency
The proficiency in recognizing and implementing ethical codes and benchmarks during decision-making activities.
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