SCENARIO 14-2 -Referring to Scenario 14-2, Suppose an Employee Had Never Taken

question 107

Multiple Choice

SCENARIO 14-2
-Referring to Scenario 14-2, suppose an employee had never taken an economics course and
Managed to score a 5 on his performance rating.What is his estimated expected wage rate?

• A) 10.90
• B) 12.20
• C) 17.23
• D) 25.11

---

Definitions:

Advertising

The action of calling public attention to products, services, needs, etc., through paid announcements by an identified sponsor.

Pioneering

The act of being among the first to explore, develop, or adopt new techniques, areas of knowledge, or technology.

Informational

Pertaining to data, facts, or details that provide knowledge or insight.

Features and Benefits

Specific characteristics of a product or service (features) and how they provide value to the customer (benefits).