A Manager Who Chooses Among Options by Applying the Expected

question 37

Multiple Choice

A manager who chooses among options by applying the expected value criterion is:

• A)a risk neutral person.
• B)a risk averse person.
• C)a risk loving person.
• D)a risk minimizer.
• E)a risk maximizer.

Understand different theoretical perspectives on intelligence, including Spearman's and Sternberg's.

Understand the concepts of reliability and validity in psychological testing.

Identify and explain the relationship between test reliability and validity.

Describe different perspectives on intelligence (unitary vs. multiple abilities).

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Definitions:

Overjustification Effect

A phenomenon where providing excessive external rewards for an already internally rewarding activity decreases the intrinsic motivation to perform that activity.

Opponent-process Effect

A psychological and neurological model that explains contrasting color after-images and emotional contrasts.

Zeigarnik Effect

The Zeigarnik effect is a psychological phenomenon which describes the tendency to remember uncompleted tasks more easily than completed tasks.

Von Restorff Effect

A psychological phenomenon where an item that stands out is more likely to be remembered than other items.