The Idea That Managers Should Receive a Raise in Pay

question 18

Multiple Choice

The idea that managers should receive a raise in pay based upon their contributions to the organization,and not based on their gender,is consistent with which principle?

• A)Social auditing
• B)Procedural justice
• C)Distributive justice
• D)The ombudsman effect
• E)The glass ceiling

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Definitions:

Marginal Productivity

The extra output that a business gains by adding one more unit of input, such as labor or capital.

Income Distribution

The way in which a country’s total GDP is spread amongst its population, affecting economic equity and quality of life.

Value Added

The increase in the value of a product or service as it passes through each stage of production or supply chain.

Marginal Productivity

The extra output or benefit gained from increasing one unit of a particular resource while keeping other resources constant.