An Employer Creates a Safety Team of 6 Employees Who

question 48

Multiple Choice

An employer creates a safety team of 6 employees who are asked to recommend changes to the workplace that will reduce accident rates. The team recommends eliminating a job rotation program that allows the employer to move employees in and out of various jobs on an as-needed basis. They argue that job rotation both increases employee stress and reduces the amount of experience that employees have with the various safety procedures associated with a particular job. This scenario describes a conflict between which two objectives of the employment relationship?

• A) Equity and efficiency.
• B) Efficiency and voice.
• C) Equity and voice.
• D) None, there is no conflict.

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Definitions:

Risky Asset

An investment that holds some risk of losing value, as opposed to a guaranteed or risk-free asset, offering potentially higher rewards in exchange for higher risk.

Expected Return

The weighted average of the probable returns of an investment, where the weights correspond to the probability of each outcome.

Standard Deviation

A metric that quantifies the spread of a dataset around its mean, determined by taking the square root of the variance.

Risky Asset

An asset that has a significant degree of price volatility or the potential for financial loss.