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Describe the Process of Rational Decision-Making

question 83

Essay

Describe the process of rational decision-making.

Recognize the impacts of reward and punishment on organizational behaviour and performance.
Describe the benefits and processes involved in mentoring relationships within organizations.
Analyze the effectiveness of different reward systems and their influence on cooperation and competition among employees.
Understand how performance management and appraisal systems contribute to organizational effectiveness.

Definitions:

Achievement-Oriented Tasks

involve activities or goals that are pursued with the intent to demonstrate competence and gain recognition for success.

External Locus of Control

External locus of control is the belief that one's life outcomes are largely determined by external factors beyond personal control, such as fate, luck, or the actions of others.

Motive to Avoid Failure

This is the drive or inclination to avoid situations that could lead to failing in order to prevent feelings of inadequacy or disappointment.

Incentive Value

The perceived attractiveness or desirability of a reward or outcome, motivating behavior towards achieving it.

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