If a Person Engages in Mental Accounting,he or She

question 61

Multiple Choice

If a person engages in mental accounting,he or she:

• A)is unwilling to recognize a loss and move on.
• B)values some dollars more than others.
• C)tends to avoid making decisions.
• D)tries to balance his or her bank account mentally,without writing anything down.

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Definitions:

Organizational Culture

The collective values, beliefs, and norms that shape behaviors and practices within an organization, influencing its social and psychological environment.

Lower Turnover

The reduction in the rate at which employees leave a company, contributing to improved organizational stability and reduced costs for recruitment and training.

People-Friendly

Describes policies, environments, or products that are designed to be beneficial or easy to use for people.

Learning Organization

An organization skilled at creating, acquiring, and transferring knowledge, and at modifying its behavior to reflect new knowledge and insights.