Which of the Following Is a Reason for Big Pay

question 85

Multiple Choice

Which of the following is a reason for big pay differences between jobs?

• A) Shortage of talent in local labor markets
• B) Government rules regarding minimum wages for different jobs
• C) Low rates of employee turnover in certain jobs
• D) Low power distance
• E) High uncertainty avoidance

Comprehend the "Golden Rule" and its application to ethical decision-making.

Identify the impact of unethical business practices on stakeholders.

Analyze the inadequacy of justifications based on upbringing or tradition for ethical decisions.

Understand how emotional reactions (Affect heuristic) can influence ethical decision-making.

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Definitions:

Righttosue Clause

A provision within a contract or law that grants an individual the authority to pursue legal action should their rights be violated.

Just Cause

A legal standard that employers must meet to justify disciplinary actions or termination, proving that actions taken were due to reasonable grounds.

Economic Reason

Refers to motivations or justifications based on economic factors, such as cost, efficiency, or profitability.

Bumping Rights

Preferential rights allowing more senior employees to displace less senior ones in certain job positions during layoffs or organizational restructuring.