Which of the Following Can Be Used to Help Explain

question 450

Multiple Choice

Which of the following can be used to help explain wage differences among different groups of workers?

• A)human capital and compensating differentials
• B)human capital but not compensating differentials
• C)compensating differentials but not human capital
• D)neither human capital nor compensating differentials

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Definitions:

Ethnocentric Environment

A workplace or societal atmosphere that places a predominant value on the beliefs, values, and practices of one's own ethnic group or nationality.

Satisfied Employees

Workers who feel content, valued, and fulfilled in their jobs, often resulting in higher productivity and lower turnover rates.

HR Department

The segment of an organization focused on recruitment, management, and direction of people who work in the organization, also dealing with employee benefits, training, and compliance.

Small Organizations

Businesses or institutions characterized by a smaller workforce, lower revenues, or limited operational scope.