On the Internet You Find the Following Offers for Opening

question 203

Multiple Choice

On the Internet you find the following offers for opening an online account.Which of them is the best offer if you have $5,000 to save for two years?

• A)an interest rate of 5 percent,with the bank charging you a $50 processing fee at the time you open your account
• B)an interest rate of 4 percent,with the bank giving you a $65 bonus at the time you open your account
• C)an interest rate of 3.5 percent,with the bank giving you a $100 bonus to open your account
• D)an interest rate of 4.5 percent,with no processing fee and no bonus

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Definitions:

Paul Thayer

A psychologist known for his contributions to industrial and organizational psychology, focusing on human factors and personnel selection.

Job Design

The process of organizing tasks, duties, and responsibilities into a productive work unit.

Job Enlargement

is an approach to job design that increases the number of tasks for a worker, aiming to make the work more varied and interesting.

Job Enrichment

The process of making a job more interesting, challenging, and engaging through adding varied responsibilities and opportunities for growth.