The Manager Who Tells an Employee "I'll Recommend You for a Promotion

question 103

Multiple Choice

The manager who tells an employee "I'll recommend you for a promotion if you implement the new system by January" is attempting to strengthen which expectancy theory component?

• A)Instrumentality
• B)Valence of second-level outcomes
• C)Expectancy
• D)Needs
• E)Relatedness

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Definitions:

Risk Premium

The additional return required by investors for taking a higher level of risk, compared to a safer investment.

Recession

A significant decline in economic activity spread across the economy, lasting more than a few months, visible in GDP, real income, employment, industrial production, and wholesale-retail sales.

Inflation

The rate at which the aggregate price level for goods and services grows, weakening the purchasing strength.

Portfolio

An assortment of financial assets such as equities, debt securities, raw materials, liquid cash, and near-cash items, comprising both mutual funds and exchange-traded funds.