Individuals with More Experience Tend to Earn More Than Individuals

question 49

Multiple Choice

Individuals with more experience tend to earn more than individuals with less experience. This is because

• A) experience is a compensating differential.
• B) experience on the job increases an individual's human capital.
• C) it is only fair that a more-experienced worker be paid more than a less-experienced worker.
• D) the government requires that more-experienced workers be paid more than less-experienced workers.

Assess the impact of various personality traits on job performance and organizational citizenship behaviors.

Recognize the role of conscientiousness across different occupational outcomes.

Explain the concept of self-monitoring and its effects on role stress and workplace adjustment.

Understand the theory of behavioral plasticity and its implications for personality influences in the workplace.

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Definitions:

Profit

The financial gain achieved when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Selling Price

The amount of money for which something is sold or offered for sale to a buyer.

Marked Down

A reduction in the price of goods to stimulate sales or clear out inventory.

Operating Expense

Operating expense includes all necessary expenditures that a business incurs as a result of performing its normal business operations, excluding the cost of goods sold.