Which of the Following Is Defined as the Perceived Fairness

question 92

Multiple Choice

Which of the following is defined as the perceived fairness in pay relative to what other employers are paying for the same type of work?

• A) internal equity
• B) pay equity
• C) external equity
• D) equal pay
• E) equal opportunity

---

Definitions:

Letter Grade

A system of evaluating academic performance using letters, such as A, B, C, D, and F, with A being the highest and F being failing.

Grade Point Value

A numerical value assigned to a grade that measures academic achievement, often used in calculating a student's grade point average (GPA).

Unit Selling Price

The price at which a single unit of a product is sold to consumers.

Compensation

Payment or reward given for services or to cover losses or damages, often relating to employment.