Jack Is a Sales Manager and He Recently Learned That

question 114

Multiple Choice

Jack is a sales manager and he recently learned that human resource managers with similar responsibilities and spans of control earn more than he does. Jack is concerned with the ________ form of equity.

• A) external
• B) internal
• C) distributive
• D) individual

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Definitions:

Ask

The lowest price a seller is willing to accept for a given asset in financial markets; also known as the offer price.

Market Maker

A firm or individual that actively quotes two-sided markets in a security, providing liquidity by making available buy and sell orders.

Widgets

A generic term for an unspecified device or product, often used in examples or discussions about manufacturing.

Bid

An offer of a specific price for goods or services, especially in the context of auctions or competitive bidding processes.