Your College of Business Is Sponsoring a Case Competition

question 86

True/False

Your college of business is sponsoring a case competition.All teams must watch the other teams compete.The order of presentation is by luck of a draw.The team that is the last to present left during one of the presentations, went to the computer room and redid its PowerPoint slides and restructured its presentation based on what other teams had presented.This team has done nothing wrong.

Understand the concepts of equity and perceived inequity in the workplace.

Distinguish between different types of individuals based on their responses to reward systems (e.g., entitleds, benevolents).

Grasp the principles of expectancy theory and how it influences motivation.

Realize the importance of instrumentality and valence in expectancy theory.

---

Definitions:

Compound Interest

Interest calculation on a loan or deposit where the interest earned also earns interest, leading to exponential growth over time.

Nearest Cent

Rounding a monetary amount to the closest cent, often used to simplify cash transactions.

Simple Interest

An interest calculation method where the interest charge is calculated only on the principal amount, without compounding.

Nearest Cent

Rounding a monetary amount to the closest one-hundredth of the currency unit, such as a dollar.