Human Capital

question 91

Multiple Choice

Human capital

• A) is an important factor in explaining income inequality.
• B) plays a minor role in explaining income inequality.
• C) is the plant and equipment that firms use.
• D) exhibits a negative relationship with earnings.

Recognize the principles and impact of participative leadership.

Distinguish between legitimate, reward, coercive, and information power in leadership.

Analyze how leadership styles can influence organizational culture and employee behavior.

Comprehend the concept of psychological size and its impact on leadership effectiveness.

---

Definitions:

F Statistic

A ratio derived from the analysis of variance (ANOVA) that compares the variance between group means to the variance within groups.

Automobile Factory

A facility specialized in the manufacturing and assembly of motor vehicles and related components.

Null Hypothesis

A hypothesis that there is no significant difference or effect, serving as the default assumption to be tested against an alternative hypothesis in statistical tests.

Service Time

The duration or period it takes to complete a process or service, often referring to the time customers wait for service or the time taken to serve them.