A Father Is Planning to Give Some Extra Pocket Money

question 51

Multiple Choice

A father is planning to give some extra pocket money to his 12-year-old son. He asks his son if he would like the amount right now or if he would rather wait for a week, which is around the time his school is organizing a picnic. The son chooses to take the allowance right away rather than wait for a whole week. This scenario is an example of _____.

• A)the capacity to delay gratification
• B)error management theory
• C)the omission bias
• D)temporal discounting

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Definitions:

Harassment-free Environment

A workplace or social environment that actively prevents and addresses harassment, ensuring safety and respect for individuals regardless of their background or personal characteristics.

Open-book Management

A business strategy where a company shares financial and other operational information with all employees to engage them in decision making.

Just Cause

A legitimate or legally valid reason, often used in the context of firing or disciplining an employee.

Dismissal

The act of terminating an employee's employment by the employer, often due to performance issues or breaches of contract.