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What are efficiency wages and why are they important in internal labor markets?
Exemplar Theory
A psychological theory suggesting that people make judgments about objects or concepts based on comparisons with instances of those categories that they have encountered in the past.
Prototype Theory
is a model of categorization in cognitive science, where members of a category are assessed by their resemblance to a typical member or prototype of that category.
Schema Theory
A theory of attention that claims unattended information is never perceived.
Knowledge-based Theory
A theory suggesting that organizations rely on their knowledge and expertise to create competitive advantage and innovate.
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