Diminishing Marginal Returns Explain the Reduction of Value in Additional

question 179

Multiple Choice

Diminishing marginal returns explain the reduction of value in additional exertions of effort.The concept of ________ indicates the opposite-that the ultimate marginal production can result in disproportionate wage increases.

• A) productivity discrimination
• B) winner-take-all
• C) efficiency wages
• D) inclining marginal utility
• E) maximum human capital

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Definitions:

Organizational Politics

Organizational politics involves the use of power, influence, and networking within an organization to achieve personal or group objectives, sometimes at the expense of others or the organization's goals.

Criterion Contamination

The inclusion of factors irrelevant to job performance in the evaluation process, which can skew performance appraisals.

Criterion Exaggeration

The overestimation or overemphasis of certain criteria or qualities, often leading to distorted outcomes in assessments or decisions.

Subordinate Evaluations

Assessments of an employee's performance, skills, and competencies, typically conducted by their direct supervisors or managers.