One Managerial Implication of the Justice Model Is That Managers

question 33

Multiple Choice

One managerial implication of the justice model is that managers should base their decisions on

• A)whatever stockholders want because stockholders own the company.
• B)what provides the maximum benefit to the most stakeholders.
• C)whatever promotes a fair distribution of outcomes to stakeholders.
• D)a consensus of local, national, and international opinion.

Understand various theories of motivation and their application in organizational settings.

Differentiate between the major alternative work arrangements and their implications for individuals and organizations.

Identify strategies for enhancing self-efficacy and goal setting in the workplace.

Recognize the significance of positive reinforcement and operant conditioning strategies in managing employee behavior.

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Definitions:

Inflation Rate

The percentage increase in the general price level of goods and services in an economy over a period of time.

A.W. Phillips

An economist known for describing the inverse relationship between rates of unemployment and corresponding rates of inflation, which is now known as the Phillips Curve.

United Kingdom

A sovereign country located off the northwestern coast of mainland Europe, comprising England, Scotland, Wales, and Northern Ireland.

Rate Of Change

The speed at which a variable changes over a specific period of time.