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Dovator [93]
3 years ago
13

George has been working as a laborer at a construction company for five years. He is very diligent on the job and has never been

late. As his skills have grown, he has become more like the manager of the work crew. He makes sure everyone has the correct tools and information to do their jobs effectively. George is a real asset to the team. Today, George shows up at work to discover a work crew manager has been hired to oversee the crew. He discovers that the new manager is paid $20 an hour. To apply equity theory, what additional information do we need
Business
1 answer:
Sauron [17]3 years ago
8 0

Answer:

We need to know how much George is being paid.

Explanation:

Equity theory states that employees are motivated by fairness in the workplace, the definition of fairness here being getting a reward proportional to one's effort, abilities, and job performance.

George is described as a very competitive worker who has become more like the manager of the crew. This statement tells us that he is likely not formally a manager within the organization hierarchy, and could be getting less than $20 an hour, the compensation that the newly hired manager will receive.

According to Equity theory, George should at least be paid $20/hr, or even more, because he has been succesful in managing his coworkers even if he does not hold that title.

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The wearing away of the Earth's surface is called​
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Answer:

Erosion is the wearing away of the Earth's surface.

6 0
2 years ago
A simple model of a firm describes it as an entity that buys – (for example, labor) and sells – (goods and services). A firm’s i
AfilCa [17]

Answer:

A simple model of a firm describes it as an entity that buys production factors – (for example, labor) and sells its output (goods and services). A firm’s input prices, which affect costs, are generally fixed in the short run (like wages, that are established by contract and must be respected during the period they were stablished), while a firm’s output prices, which affect revenue, are  adjustable (they do not depend on a contract). Therefore, an increase in the short-run price level raises revenue more than costs, so firms produce more in the short run. Consequently, the SRAS curve slopes upward.

In the long run, however, firm’s input prices are variable, and they will adjust together with the firm’s output prices, making LRAS perfectly inelastic in the potential level of production.

6 0
3 years ago
Do you think the licensing process for international medical graduates is an unnecessary hurdle meant to shield U.S. doctors fro
Irina18 [472]

Answer:

No licensing is right. Doctors in U.S. are spending more on medical studies than any other country. It is necessary for other country medical students to gain license in order to do practice in the country.

Explanation:

In U.S. doctors are in deficiency so the country cannot completely cease employment for foreign doctors. The country needs to welcome foreign doctors but it is also necessary to safeguard home doctors. If U.S. will not safeguard rights of home country doctors then they will be demotivated and will not be patriotic for the country.

3 0
3 years ago
8. In the short run, there is a negative relationship between inflation and employment. A: True B. False​
makvit [3.9K]

Answer: False

In the short-run, inflation and unemployment are inversely related; as one quantity increases, the other decreases. In the long-run, there is no trade-off. In the 1960's, economists believed that the short-run Phillips curve was stable.

Explanation:

https://courses.lumenlearning.com/boundless-economics/chapter/the-relationship-between-inflation-and-unemployment/

6 0
3 years ago
Hey...tal.k anyone ......
DiKsa [7]

..................

Hello.

8 0
3 years ago
Read 2 more answers
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