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The most productive employee in the department doesn't apply for a job opening they are well suited for, in spite of an excellent record and the pay and prestige associated with the new job. The employee believes that the job will go to someone who has more seniority. Based on expectancy theory, which would explain why the employee doesn't apply for the job?
Issuer
The entity responsible for providing a financial instrument or security, such as bonds, shares, or notes, to the market or the public.
Retailer
A business entity that sells goods and services directly to consumers, acting as the final link in the supply chain between manufacturers and end-users.
Credit Card
A payment card issued by a financial company giving the holder an option to borrow funds, typically at point of sale.
Factor
A finance company or bank that buys receivables from businesses and then collects the payments directly from the customers.
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