The Application of Psychological Research and Concepts to the Workplace

question 41

Multiple Choice

The application of psychological research and concepts to the workplace is known as

• A)industrial/organizational psychology.
• B)clinical psychology.
• C)humanistic psychology.
• D)social psychology.

---

Definitions:

Compounded Annually

Describes the method where the interest earned in one period is added to the principal sum, and the total becomes the basis for calculating interest in the next period, done once a year.

Start Business

The process of establishing a new enterprise or venture, involving planning, financing, and legal considerations.

Rate Of Return

The rate of return is a percentage that shows the amount of return an investment gives back to an investor compared to its cost.

Retirement Date

The specific date on which an individual decides to leave the workforce permanently, ceasing employment and often beginning to withdraw from retirement savings.