Managers Often First Assume Poor Performance of Subordinates Is Due

question 27

Multiple Choice

Managers often first assume poor performance of subordinates is due to which of the following?

• A) lack of ability
• B) pay dissatisfaction
• C) poor motivation
• D) poor work life balance

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Definitions:

Normal Good

A good for which demand increases when income increases, and falls when income decreases but price remains constant, showing a direct relationship between income and demand.

Income Elasticity

A measure of how much the demand for a good or service changes in response to a change in consumers' income levels.

Normal Good

A good for which demand increases as consumer income rises, and decreases as consumer income falls.

Inferior Good

A type of good for which demand decreases as the income of the consumer increases, as opposed to a normal good where demand increases with income.