Which of the Following Is an Advantage of a Two-Tier

question 17

Multiple Choice

Which of the following is an advantage of a two-tier wage system?

• A) It helps move jobs out of the country.
• B) It helps eliminate jobs without any legal hassles.
• C) It helps reduce labor costs without cutting employees' existing salaries.
• D) It helps provide more pay to new employees.
• E) It provides better standards for benchmarking.

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Definitions:

Ethical

Pertaining to or dealing with morals; relating to right and wrong in conduct.

Centralized

A system or structure where decision-making authority is concentrated at a single point or within a limited group, often at the top level of an organization or government.

Decentralized

The distribution of decision-making powers and operational responsibilities across different levels or locations in an organization, as opposed to centralization.

Formal Dress Codes

A set of strict dressing guidelines followed in professional or specific social settings, emphasizing attire such as suits, ties, or formal dresses.