The Importance That an Individual Places on a Potential Outcome

question 116

Multiple Choice

The importance that an individual places on a potential outcome or reward that can be achieved on the job is known as ________.

• A) valence or attractiveness of reward
• B) operant learning opportunity
• C) goal-setting behavior
• D) effort performance linkage or expectancy

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Definitions:

Efficiency

The property of a resource allocation of maximizing the total surplus received by all members of society.

Equality

The property of distributing economic prosperity uniformly among the members of society.

Decision Making

The cognitive process resulting in selecting a course of action among several alternatives.

Change Minds

The process of altering one's thoughts, opinions, or decisions based on new information or reconsideration.