You Are New to an Organization and Do Not Really

question 72

Multiple Choice

You are new to an organization and do not really know what to expect about the socialization process. You are a recent
M.B.A. and have an undergraduate degree in computer science. Your new firm is a software development company with an emphasis in the health care industry. Your hiring process includes campus interviews, a day-long trip to interview at the company, an offer phone call and letter, and some promotional material sent via the mail. When you arrive for your first day of work, you spend half a day in an orientation session with Human Resources, where you complete paperwork and receive a company handbook. Then you spend the rest of the day with your supervisor, who gives you a tour, introduces you to your co-workers, and explains your first project. After that, you begin working and getting to know the others in the company. You find that in most respects, your experience fits your expectations, but in some ways you are surprised by realities that you hadn't expected. None of these surprises is too difficult to accept, so you eventually begin to feel at home and happy with your new job.
-Which of the following steps could your supervisor take to best help you develop a commitment to your new company?

• A) discourage you from putting too much weight on your initial expectations
• B) encourage you to work independently at first to learn the ropes
• C) encourage you to look carefully at your own assumptions, which may be biased
• D) discourage you from putting too much emphasis on your perception of the organization
• E) encourage you to develop friendship ties within the organization

Understand the core principles of Say's Law and its implications on economic thought.

Comprehend the beliefs of monetarists, especially regarding the impact of money supply changes during recessions.

Grasp the foundational concepts of various economic schools of thought including Keynesian, classical, and monetarist theories.

Identify the historical periods during which different economic theories were dominant.

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Definitions:

Trin Ratio

The Trin Ratio, also known as the Arms index, measures market sentiment by dividing the ratio of advancing and declining issues by the ratio of advancing and declining volume, often used to detect overbought or oversold conditions.

Technical Analysts

Specialists who evaluate stocks and securities by analyzing statistical trends, such as price movements and trading volume, to forecast future price behavior.

Bullish

An optimistic viewpoint or expectation that a particular asset, security, or the market as a whole will increase in value.

Disposition Effect

The tendency of investors to sell assets that have increased in value while holding assets that have decreased in value.