Which of the Following Statements Is Correct

question 407

Multiple Choice

Which of the following statements is correct?

• A)Differences in human capital may explain differences in wages between blacks and whites.
• B)Racial discrimination is the strongest explanation for differences in wages between blacks and whites.
• C)Gender discrimination is the strongest explanation for differences in wages between blacks and whites.
• D)None of the above statements is correct.

Differentiate between job enlargement and job enrichment in terms of responsibilities and outcomes.

Understand how maintaining a stable workforce affects wage policies in comparison to demand-driven employment.

Acknowledge the importance of employee empowerment for the success of self-directed teams.

Understand the fundamental concepts and importance of financial planning in businesses.

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Definitions:

Problem-Solving Strategy

A method or process outlined to deal with a problem or overcome a challenge effectively.

Sequence of Operations

An order or series in which multiple steps or procedures are carried out to achieve a certain goal, often crucial for solving mathematical equations or programming algorithms.

Representativeness Heuristic

A cognitive heuristic wherein people judge probabilities or frequencies based on how much one scenario resembles another, leading to potential biases in decision making.

Computer Programmer

A professional who writes, tests, and maintains the code that allows computer applications and software programs to function.