In Order to Use Schooling as a Signal

question 18

Multiple Choice

In order to use schooling as a signal:

• A)The signal must be more costly for low-skilled workers than for high-skilled workers.
• B)The cost of purchasing the signal must not be so costly that high-skilled workers don't value obtaining it.
• C)Firms must be able to easily verify each worker's amount of schooling.
• D)Some people must choose to not complete schooling.
• E)All of the above are required for schooling to serve as a signal.

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Definitions:

Least Preferred Coworker

A concept from Fiedler's contingency theory of leadership, describing how a leader's effectiveness is influenced by their feelings towards the coworker they least enjoy working with.

Fiedler's Contingency Theory

A leadership theory proposing that a leader's effectiveness is contingent upon how well the leader's style fits the context or environment.

Relationship-oriented Leaders

Leaders who prioritize and nurture the development of strong interpersonal relationships within their team to foster a supportive and collaborative work environment.

Fiedler's Contingency Theory

A leadership model proposing that effective leadership style is contingent upon situational demands, including the leader-member relations, task structure, and position power.