Bob, the manager and owner of a small company, believes in the theory of efficiency wages. As such, Bob would be most likely to agree with which of the following quotes?
A)"The only place where success comes before work is in the dictionary."
B)"Work hard. Play harder."
C)"Pay a man for the job you want him to do."
D)"Imagination is more important than knowledge."

Question

Quizplus · Accepted Answer

Efficiency wages theory suggests that paying employees above-market wages can increase productivity and reduce turnover. Therefore, Bob would most likely agree with the quote "Pay a man for the job you want him to do," as it aligns with the idea of paying employees based on the value of their work and incentivizing them to be productive. The other quotes do not necessarily relate to the concept of efficiency wages.

Bob, the Manager and Owner of a Small Company, Believes