Describe the Concept of Social Loafing

question 43

Essay

Describe the concept of social loafing. Why does social loafing occur? What can be done to avoid social loafing in the workplace?

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Definitions:

Traditional Performance

The evaluation of an entity's performance based on historical financial metrics and objectives.

Short-term Financial

Refers to the aspect of finance that deals with assets and liabilities which are expected to be turned into cash or paid within a year.

Long-term Goal

An objective or aim that is planned to be achieved over an extended period, typically over a year, focusing on significant achievements for the future.

Integrated Performance

The comprehensive assessment of all aspects of performance, including financial, operational, and strategic dimensions, in an organization.