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Goal Setting Theory Claims That Which of the Following Factors

question 1

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Goal setting theory claims that which of the following factors are necessary for improvement in job performance?


Definitions:

Social Optimum

The most efficient allocation of resources, resulting in the maximization of social welfare and benefiting all members of a society.

Corrective Tax

Levies imposed to address and ameliorate the negative externalities generated by certain economic activities, thereby realigning social and private costs.

Subsidy

A financial contribution granted by the government or a public body to support businesses, reduce the price of commodities, or encourage activities beneficial to the public interest.

Equilibrium Number

When market demand equals supply, leading to stability in prices.

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