How Do You Explain the Fact That Some People Can

question 47

Multiple Choice

How do you explain the fact that some people can hold 20 or more items in short-term memory?

• A) They've had training.
• B) They're more intelligent.
• C) They use chunking.
• D) They are cheating.

Recognize the impact of employee affectivity on job satisfaction and response to dissatisfaction.

Identify strategies organizations can implement to increase job satisfaction.

Understand the concept of job withdrawal, including its causes and manifestations.

Explain the role of external influences (such as family and supervisors) on job satisfaction.

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Definitions:

Industry Concentration

A measurement of the extent to which a small number of firms dominate the total output, sales, or employment of an industry.

R&D Expenditures

Research and Development Expenditures pertain to the funds allocated by businesses or governments towards the research and development of new products, services, or technologies.

Inverted-U Theory

The idea that, other things equal, R&D expenditures as a percentage of sales rise with industry concentration, reach a peak at a four-firm concentration ratio of about 50 percent, and then fall as the ratio further increases.

Interest-Rate Cost

The cost associated with borrowing funds, typically expressed as a percentage of the total amount loaned.