The Systematic Mis-Estimates That Managers Make of the Pay of Others

question 62

Multiple Choice

The systematic mis-estimates that managers make of the pay of others in their firm suggests that they will often

• A)underestimate the pay of employees.
• B)experience equity with regard to peers.
• C)underestimate the value of a promotion.
• D)overestimate the value of a promotion.
• E)experience equity with regard to employees.

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Definitions:

Prohibition

The act of formally forbidding something by law, such as the historical ban on the production and sale of alcoholic beverages in the United States from 1920 to 1933.

Immigration

The act of moving to a country that is not one's native country with the intention to settle there.

Immigration Quotas

A system that sets limits on the number of immigrants allowed to enter a country.

Immigration Act of 1924

A United States federal law that restricted immigration by establishing quotas based on nationality.