A Trade-Off Between Equity and Efficiency May Exist Because of All

question 180

Multiple Choice

A trade-off between equity and efficiency may exist because of all of the following EXCEPT that:

• A)allocating resources fairly may cause efficiency.
• B)an efficient allocation of resources may lead to an outcome that most people consider unfair.
• C)policies that promote equity often come at a cost of decreased efficiency.
• D)allocating resources fairly may cause inefficiency.

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Definitions:

Public-Policy Exception

A legal doctrine that prevents employers from terminating employees if the dismissal contravenes public policy or law.

Realistic Job Previews

An employment tool used to provide potential employees with a realistic view of what a job entails, including both positive and negative aspects.

Documentation

The act of creating, maintaining, and safeguarding records and documents relevant to an organization’s operations, transactions, or procedures.

Mergers And Acquisitions

The process by which companies are combined or bought out, aimed at increasing market share, diversifying, or achieving other strategic goals.