Examlex
Which of the following is an organizational development technique that involves an outsider assisting a manager to identify what to improve and how?
Labor Force Statistics
Data and metrics that provide information about the employment and unemployment rates, workforce composition, and other labor market indicators.
Efficiency Wages
Wages set above the equilibrium level by employers to increase worker productivity, discourage turnover, and reduce shirking.
Efficiency-Wage Theory
A theory suggesting employers pay above the market equilibrium wage to increase worker productivity.
Economic Theory
The study of how societies use scarce resources to produce valuable commodities and distribute them among different people.
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