Suppose That a Wage Premium Is Paid to Workers Throughout

question 24

Multiple Choice

Suppose that a wage premium is paid to workers throughout the occupational spectrum of an industry - the secretaries, blue-collar workers, and the white-collar workers. This could be constrained as evidence of the existence of:

• A) a labour intensive industry
• B) compensating differentials
• C) high human capital requirements
• D) non-competitive factors associated with the industry
• E) discriminations

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Definitions:

Internal And External

Describes factors or influences that originate from within an entity (internal) or from the outside environment (external).

Routine Assignments

Tasks or duties assigned on a regular basis, usually as part of daily work in a job or role, often characterized by repetitiveness and a predefined process.

Weak Performer

An individual in an organization who consistently fails to meet the expected standards of performance.

Attribution Process

The cognitive process by which individuals assign cause or motive to their own and others' actions.