Compensating Differentials for Employees Can Be Seen as One Measure

question 14

Multiple Choice

Compensating differentials for employees can be seen as one measure of adjusting for:

• A)high rates of inflation.
• B)problems of ethical conflict.
• C)surplus labor in the unorganized sector.
• D)corporate tax evasion.

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Definitions:

Information Technology's Impact

Refers to the significant influence that technological advancements in information processing, storage, and dissemination have on society, businesses, and individual behavior.

Organization's Structure

The arrangement of tasks, responsibilities, and authority within an organization, dictating how activities and resources are coordinated and controlled.

The World Is Flat

A metaphorical phrase suggesting that technological advancements have leveled the competitive playing fields in global business.

Thomas Friedman

An American journalist, author, and three-time Pulitzer Prize winner known for his work on foreign affairs, global trade, the Middle East, globalization, and environmental issues.