The Efficiency Wage Hypothesis Holds That

question 49

Multiple Choice

The efficiency wage hypothesis holds that:

• A) there is payment of wage premiums by some employers to attract the best talent available and to enhance productivity in order to offset any increase in labor costs.
• B) unless an employee can produce a value equal to the value received in wages,it will not be worthwhile to hire that worker.
• C) there is increased willingness to reduce the size of the workforce,to outsource jobs overseas,and to restrict pay to control the costs of wages,salaries,and benefits.
• D) there is less concern with pay position relative to that of competitors and more concern with what the company can afford.

---

Definitions:

Assertiveness

is the quality of being self-assured and confident without being aggressive, enabling effective communication and boundary setting.

Silent Authority

A form of power or influence exerted by an individual based on their position or role within an organization, without explicitly manifesting it.

Persuasion

The process of influencing or convincing others to change their beliefs, attitudes, or actions through argument, reasoning, or appeal.

Assertiveness

The quality of being self-assured and confidently expressing one's rights, desires, or feelings in a way that is respectful to others.