A Value Refers to

question 79

Multiple Choice

A value refers to .

• A)characteristic values, traditions, and behaviors a company's employees share
• B)standards of behavior accepted by society
• C)standards used by the organization to decide upon proper conduct
• D)a basic belief about what is right or wrong
• E)principles of conduct governing an individual or group

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Definitions:

Employment Impact

The effect of economic, political, and social changes on the employment landscape, including job creation, job loss, and shifts in demand for certain skills.

Dual Labor Market Theory

A theory that contends that the labor market is divided into two segments—the primary and secondary labor markets.

Pay Discrepancy

The difference in earnings between groups of people, often based on gender, race, or occupation.

Informal Labor Market

Employment that is not regulated by the state, often lacking formal contracts, job security, and legal protections.