Which of the Following Is True About Pay

question 87

Multiple Choice

Which of the following is true about pay?

• A)Pay is not helpful when it comes to aligning employees' interests with those of the broader organization.
• B)Pay has a small impact on employee attitudes and behavior.
• C)From the employees' view,pay policies do not affect their standard of living.
• D)Companies often look for ways to reduce pay by jeopardizing their relationship with the workforce.
• E)Employees attach great importance to pay decisions when they evaluate their relationship with the organization.

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Definitions:

Trade Deficit

An economic measure of a negative balance of trade where a country's imports exceed its exports over a given period.

Exchange Rate

The value of one currency for the purpose of conversion to another, indicating how much of one currency can be exchanged for a unit of another currency.

Trade Flow

The movement of goods and services across borders, representing the import and export activities between countries.

Euro

is the official currency of 19 out of the 27 European Union countries, which together make up the Eurozone.