Table 22 Workers in the Widget Industry -According to Table 2

question 22

Multiple Choice

Table 2.2 Workers in the Widget Industry
$$\begin{array} { l c r } \hline \text { Year } & \text { Earnings } & \text { CPI } \\\hline 1966 & \$ 8,000 & 60 \\1976 & \$ 15,000 & 100 \\1986 & \$ 22,500 & 178 \\1996 & \$ 30,000 & 205 \\\hline\end{array}$$
-According to Table 2.2,real earnings in the Widget Industry in 1986 were

• A) $22,500.
• B) $12,640.
• C) $11,538.
• D) $15,730.

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Definitions:

Organizational Strategy

A high-level plan to achieve one or more goals under conditions of uncertainty.

Internal Fit

The alignment between an organization’s strategies, practices, and the characteristics of its internal environment.

Human Capital Perspective

Viewing employees as valuable assets whose investments in skills and abilities contribute to organizational success.

Organization's Strategy

The comprehensive plan formulated by an organization to achieve its long-term goals and objectives.