-Firms a and B Can Conduct Research and Development (R&D)

question 45

Multiple Choice

-Firms A and B can conduct research and development (R&D) or not conduct it. R&D is costly but can increase the quality of the product and increase sales. The payoff matrix is the economic profits of the two firms and is given above, where the numbers are millions of dollars. The Nash equilibrium occurs when

• A) both A and B conduct R&D.
• B) only A conducts R&D.
• C) only B conducts R&D.
• D) neither A nor B conduct R&D.

Evaluate the role of volunteer emotions and other subjective factors in organizational decisions such as mergers.

Understand the concept of locus of control and its implications on behavior and achievement.

Identify different theories and scales used to measure personality traits and motivation, including Rotter's locus of control and the TAT for achievement motivation.

Explain the difference between intrinsic and extrinsic motivators and their effects on individual performance.

---

Definitions:

Bloodstream

The flowing body fluid that delivers necessary substances such as nutrients and oxygen to the cells and transports metabolic waste products away from those same cells.

Antagonist

A substance or character that opposes or inhibits the action of another in a particular situation or story.

Neurotransmitter

A neurotransmitter is a chemical substance that transmits signals across a synapse from one neuron to another in the nervous system.

Endocrine Glands

Glands in the body that secrete hormones directly into the bloodstream, regulating various bodily functions and processes.