Perceptions of Fairness and Equity Play a Key Role in Understanding

question 57

Multiple Choice

Perceptions of fairness and equity play a key role in understanding how survivors react to a downsizing.What type of justice is associated with the fairness of a downsizing decision?

• A)procedural
• B)interactional
• C)distributive
• D)manipulative

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Definitions:

Proxy

A person authorized to act on behalf of another, especially in voting at a meeting or in corporate matters.

Agency

A relationship where one party (the agent) is authorized to act for another (the principal) in dealings with third parties.

Voting Trusts

Legal arrangements used to combine the voting power of shareowners by temporarily transferring their shares to a trustee, often used to control corporations.

Direct Suit

A direct suit is a legal action initiated directly by one party against another for the purpose of resolving a dispute or seeking damages.