Which of the Following Must Be Considered When Deciding the Living

question 38

Multiple Choice

Which of the following must be considered when deciding the living wage globally?

• A)Companies must base their decision on the average wage standards in the U.S.
• B)American businesses must ban child labor in countries where families depend on their children's wages to survive.
• C)Companies must pay wages according to the quality of work done, irrespective of working hours or working conditions.
• D)Companies must base their decision on their own values and the laws of both the U.S. and their host country.

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Definitions:

Shared Understandings

A common grasp or agreement of knowledge, assumptions, or values among a group of people.

Organizational Domain

The area of activity or interest that a particular organization operates within, including its purpose, goals, and target audience.

Managerial Strategy

The selection and implementation of specific goals, paths, and actions by managers to fulfill the mission and objectives of an organization.

Human Relations Strategy

A management approach focusing on improving employee satisfaction, communication, and interpersonal relationships to enhance productivity.