In the Economy with Efficient Institutions,technological Advancement

question 61

Multiple Choice

In the economy with efficient institutions,technological advancement

• A) occurs predictably.
• B) is the result of individuals responding to incentives.
• C) tends to occur by accident.
• D) is exogenous.
• E) depends mainly on luck.

Comprehend the role of positive energy in organizational success and individual well-being.

Discuss the necessity of frequent feedback and affirmation, especially when managing Generation Y workers.

Understand the recommended practices for extending praise to employees.

Learn about common misconceptions regarding the use of positive reinforcement and how to correct them.

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Definitions:

Development

The process of growth or progress, often involving changes in physical, cognitive, or emotional capacities over time.

Alcoholic

A person who suffers from alcoholism, which is an addiction to the consumption of alcoholic liquor or the mental illness and compulsive behavior resulting from alcohol dependency.

Retarded Development

Retarded development refers to significantly delayed physical or mental growth and development, potentially due to genetic, environmental, or other factors.

Smallpox

A contagious, disfiguring, and often deadly disease that has been eradicated globally thanks to vaccination.