Michelle Is Scared of Spiders and Feels a Strong Wave

question 56

Multiple Choice

Michelle is scared of spiders and feels a strong wave of fear whenever she sees one.This is an example of:

• A)the affective component of attitude.
• B)the cognitive component of attitude.
• C)the behavioural component of attitude.
• D)a reference group.
• E)negative word of mouth.

Understand different compensation strategies and their application within organizations.

Comprehend the various methods used to establish base pay and their implications.

Know the advantages and disadvantages of direct and indirect pay components.

Understand the importance of linking compensation with individual performance and organizational goals.

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Definitions:

Prospective Lenders

Individuals or financial institutions that are potential sources of loans or financial backing, still in the consideration or evaluation stage.

Human Capital

The collective skills, knowledge, and abilities of an organization's workforce, regarded as an economic asset.

Abilities

The skills and competencies that enable an individual to perform actions or tasks effectively.

Skills

Abilities and expertise developed through practice and education.