The Extra Wage That Is Paid to an Individual to Attract

question 33

Multiple Choice

The extra wage that is paid to an individual to attract him/her to a less desirable job is called:

• A)the benchmark competitive wage.
• B)the general training human capital difference.
• C)the specific training human capital difference.
• D)a compensating wage differential.

Analyze the dynamics of group influence, including majority vs. minority influence, through theories such as Asch’s and Moscovici’s.

Appreciate the complexities of social impact theories, including dynamic social impact theory.

Recognize the sources of social influence and their roles in shaping behavior within groups.

Evaluate the conditions under which minority views influence group decisions and their resultant societal implications.

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Definitions:

Departmentalizing

The process of dividing an organization into different departments, which allows for specialization of tasks and easier management.

Job Enlargement

An approach to job design that increases the number of different tasks in a job to reduce monotony and improve employee satisfaction.

Scientific Management

A management theory that analyzes and synthesizes workflows with the primary goal of improving economic efficiency, especially labor productivity.

Frederick Taylor

Known as the father of scientific management, he introduced the idea of applying scientific methods to management tasks to improve economic efficiency and labor productivity.