Suppose a and B Are Mutually Exclusive Events Where P(A)=

question 36

Short Answer

Suppose A and B are mutually exclusive events where P(A)= 0.4 and P(B)= 0.5.Then P (A or B)= .

Understand the role of needs, motivation, and rewards in defining employee performance and organizational culture.

Recognize the historical origins and the development of human relations and motivation studies within business organizations.

Describe the impact of morale on organizational outcomes including productivity, turnover, and stakeholder returns.

Identify and differentiate between various needs as categorized by Maslow and how they motivate human behavior.

---

Definitions:

Economic Laws

Theories or principles that describe behaviors and outcomes in economical activities, often derived from observed patterns and generalized across situations.

Depression

A severe and prolonged downturn in economic activity, characterized by significant declines in GDP, high unemployment, and deflation, more extreme than a recession.

Prosperity

A state of flourishing, success, or good fortune, especially in financial terms.

Other-Things-Equal Assumption

The assumption that factors other than those being considered are held constant; ceteris paribus assumption.