Jeff Is Rating the Other Students on His Team in an MBA

question 40

Essay

Jeff is rating the other students on his team in an MBA Strategy course.He consistently rates team members who graduated from prestigious undergraduate schools higher than those who graduated from state schools.Is Jeff evaluating the other team members fairly? If not,why not? What is the solution to this situation?

---

Definitions:

Export

The process of sending goods or services produced in one country for sale in another country.

Labor-Abundant

Describes an economy or sector that has a relatively high supply of labor compared to capital.

Land-Scarce

A situation where the availability of usable land is limited, often leading to higher property values and intensified use of land.

Wages

Payments made to workers for their services, usually calculated on an hourly, daily, or piecework basis.