Bounded Self-Interest

question 29

Multiple Choice

Bounded self-interest

• A)is limited by the computing power of the human brain.
• B)prevents us from making a decision that we know,at the time of implementing the decision,we will later regret.
• C)is the tendency for people to value something more highly simply because they own it.
• D)results in sometimes suppressing our own interests to help others.
• E)is the tendency for people to value something more highly simply because a friend owns it.

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Definitions:

Organizational Socialization

The process by which organizational members become a part of, or are absorbed into, the culture of the organization.

Job Analysis

The identification of the critical elements of a job; it documents the tasks, working conditions, and human attributes needed to do the job.

Qualified Employees

Workers who possess the skills, education, and experience required to perform the duties of a specific job effectively.

Critical Incident Technique

A qualitative research method focusing on the identification and examination of specific events (critical incidents) that people experience, particularly those that significantly impact the outcome of a process or performance in various contexts.