The Country of New Florentina Mines More Fluorite Each Year

question 148

True/False

The country of New Florentina mines more fluorite each year than it needs for its own manufacturing purposes. Recently, a neighboring country complained that its manufacturing sites could buy fluorite from New Florentina cheaper than they could buy it from its own mines. A government trading expert's claim that New Florentina is dumping fluorite onto its neighbor's market is probably accurate.

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Definitions:

Expectancy Theory

Developed by Victor Vroom to explain human behavior in terms of people’s goals, choices, and the expectation that goals will be reached.

Organizational Climate

The overarching environment and culture within a company, shaped by shared perceptions and attitudes of its employees.

Worker Morale

The overall outlook, attitude, satisfaction, and confidence that employees feel at work.

Achievement Needs

Occur in people who are goal oriented and take personal responsibility for achievements.