A Firm Produces Consumer Goods and Adds Some to Inventory

question 35

Multiple Choice

A firm produces consumer goods and adds some to inventory in the third quarter. In the fourth quarter, the firm sells the goods at a retail outlet. As a result of these actions, what happens to the consumption and investment components of GDP in the fourth quarter?

• A) investment decreases, consumption does not change
• B) investment increases, consumption decreases
• C) investment decreases, consumption increases
• D) investment does not change, consumption increases

Identify and describe the levels and categories within Maslow's hierarchy.

Distinguish between different theorists' contributions to motivation theory (e.g., Maslow, Alderfer, McClelland, Herzberg).

Recognize the implications of motivation theories on workplace behavior.

Explain the concepts of equity, expectancy, and acquired needs theories as they relate to motivation.

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Definitions:

Resistance to Change

Opposition or reluctance to adapt to new situations, processes, or changes within an organization or environment.

Coercion

The practice of forcing another party to act in an involuntary manner by use of threats or pressure.

Resistance to Change

The act of opposing or struggling with modifications or transformations within organizational processes, technologies, or cultures.

Resistance to Change

The act of opposing or struggling with modifications or transformations within an organization or in one's personal life.