Corporate Executives Realize That If They Can Establish Ideological Outposts

question 57

Multiple Choice

Corporate executives realize that if they can establish ideological outposts in the minds of people,they can use those outposts to

• A)inspire people to become involved in social issues.
• B)foster an ethic of caring and sharing among people.
• C)deliver messages about the importance of citizenship.
• D)defuse popular opposition to corporate policies and products.

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Definitions:

Efficiency Wage

A salary set by employers above the market equilibrium to increase productivity, attract high-quality employees, or reduce turnover.

Minimum Wage

The lowest legal salary that employers can pay their workers; the rate is set by law or agreement in order to protect workers from exploitation.

Signaling Theory

A concept in economics and strategic management that addresses how parties communicate their qualities or intentions to others, often in situations where information asymmetry exists.

Quantity Of Labor

The total hours worked or the number of workers employed by a business or within an economy.