Employers Can Foster Perceptions of Fairness Through All of the Following

question 39

Multiple Choice

Employers can foster perceptions of fairness through all of the following methods EXCEPT ________.

• A) distributing opinion surveys
• B) establishing employee hotlines
• C) focusing on two-way communication
• D) addressing the big picture instead of specific details
• E) involving employees in the decision-making process

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Definitions:

Price System

An economic system wherein the allocation of goods and services, as well as their prices, are primarily determined by supply and demand in a free market.

Market Economy

An economy that allocates resources through the decentralized decisions of many firms and households as they interact in markets for goods and services.

Rate Of Economic Growth

The increase in the market value of the goods and services produced by an economy over time, usually measured as the percentage increase in real gross domestic product (GDP).

Human Capital

The economic value of a worker's experience and skills, including education, training, intelligence, skills, health, and other things employers value in employees.