Examlex
Company A just bought one of their competitors Company B) .The CEO announced last week that employees at the newly acquired firm Company B) will get raises that are equal to what persons doing the same jobs at Company A are making.The announcement has caused quite a stir at Company A because it is common knowledge that the culture at Company B is quite different from their culture.For one thing,Company B employees take hour-long lunches,while Company A lunch breaks are ½ hour.Company B employees get another ½ hour each day for exercise,while Company A employees have never enjoyed this privilege.Company B employees expect three weeks vacation each year,while Company A employees get two weeks only after they have been with the company for three years.If the CEO goes through with his plans,which of the following is a response that he is likely to get from employees at the combined company?
Occupational Discrimination
Unfair treatment of employees or job applicants based on non-job-related factors such as race, gender, religion, or national origin within the workplace.
Competition
Competition in economics refers to the rivalry among sellers trying to achieve goals such as increasing profits, market share, and sales volume by varying the elements of the marketing mix.
African-American Workers
Refers to individuals of African descent in the United States who are part of the labor force, often highlighting their unique historical and socio-economic experiences.
Discrimination Coefficients
Metrics used in econometrics and statistical analyses to measure the extent of discrimination or bias present in a model or decision-making process.
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