In the Context of Human Resource Management Challenges, Which of the Following

question 15

Multiple Choice

In the context of human resource management challenges, which of the following statements is true of older workers?

• A)Older workers have no expectation that their employers will be loyal to them, and they don't feel that they owe their companies strong loyalty.
• B)Many companies have started flexible schedules, training opportunities, and creative pay schedules to retain their best older employees.
• C)Older workers have startlingly high expectations for their pay, their responsibilities, and job flexibility, but little willingness to "pay dues."
• D)Unlike younger workers, older workers have a proven ability to multitask and a multicultural perspective.

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Definitions:

Rational Expectations

An economic theory suggesting that individuals make predictions about future economic events using all available information in an unbiased and informed manner.

Discretionary Policies

Economic policies based on the judgment and decisions of policymakers, as opposed to set rules or formulas, often involving changes in government spending or taxation.

Policy Rules

Guidelines or protocols that dictate the actions of an organization or government in specific situations to achieve desired outcomes.

Laffer Curve

A theory that suggests there exists an optimal tax rate which maximizes government revenue without deterring economic growth, demonstrating the trade-off between tax rates and taxable income.