_____ Is a Crucial Factor That Affects the Perception of Fairness

question 31

Multiple Choice

_____ is a crucial factor that affects the perception of fairness of a skill-based plan.

• A)The design of the certification process
• B)The number of compensable factors
• C)The extent of alignment with an organization's strategy
• D)The number of weights and factor degrees

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Definitions:

Economic Perspective

A viewpoint that analyzes how individuals make decisions based on scarcity and the incentives that influence those decisions.

Marginal Costs

The uptick in full pricing incurred by the generation of another unit of a product or service.

Marginal Benefits

The increase in utility or satisfaction from consuming or producing an extra unit of a good or service.

Post Hoc

A logical fallacy that assumes that if one event occurs after another, then the first event must have caused the second.