A firm-external theory of job worth is influenced by:

Question

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A firm-external theory of job worth is influenced by cultural and institutional perspectives. While local market conditions may also affect job worth, they are not as significant to a firm's external theory as cultural and institutional factors. Behavioral theory may influence a firm's internal theory of job worth, but is less relevant to the external perspective. Level of internationalization may also affect job worth in terms of global competition and market forces, but is not specific to a firm's external theory.

A Firm-External Theory of Job Worth Is Influenced By