If an Organization Wants to Prevent Newcomers from Experiencing a Reality

question 98

Multiple Choice

If an organization wants to prevent newcomers from experiencing a reality shock when they join the organization, what should they do?

• A)Have a formal mentoring program
• B)Use institutionalized socialization tactics
• C)Provide a realistic job preview
• D)Provide an orientation program
• E)Avoid psychological contract breach

Understand the significance of liquidity ratios to various stakeholders such as suppliers and short-term creditors.

Calculate and interpret inventory turnover and days in inventory.

Understand the implications of financial leverage on company solvency and profitability.

Learn the calculations and implications of the debt to total assets ratio and times interest earned ratio.

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Definitions:

Around 70%

Typically used to quantify or estimate a proportion close to seventy out of a hundred.

Cognitive Development

The process of growth and change in intellectual abilities, such as thinking, reasoning, and understanding, over the course of a lifetime.

Responsible Stage

In Schaie’s theory, the stage of cognitive development faced during middle adulthood in which ill-defined problems remain the norm, but problem solving must now take into account not only one’s own personal needs and goals but also those of others in one’s life that have become one’s responsibility (spouse, children, coworkers, member of the community).

Acquisition Stage

In Schaie’s theory, the time in cognitive development (during childhood and adolescence) when an individual is sheltered from the majority of life’s responsibilities and can learn a skill or a body of knowledge regardless of whether it has any practical goal or social implications.