In General, People Do Not Like to Suffer, Work Hard

question 149

Multiple Choice

In general, people do not like to suffer, work hard, or make sacrifices. If and when they do these things, they want to feel that their efforts were worthwhile. Thus, even when people's efforts do not actually seem to have paid off, people will nonetheless try to convince themselves that they suffered for a good reason. This tendency is known as ____. ​

• A)effort justification
• B)attitude polarization ​
• C)a self-fulfilling prophecy ​
• D)the false consensus effect ​

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Definitions:

Favorable Ratio

A ratio that indicates a positive outcome, often related to financial performance, such as higher revenue or lower expenses compared to previous periods.

Acid-Test Ratio

A financial metric used to evaluate a company's ability to pay off its current liabilities with its quick assets.

Year-End Information

Financial and operational data summarizing a company's performance over the course of a fiscal year, often used for analysis and reporting purposes.

Income Statements

A financial report that shows a company's revenue and expenses, resulting in net income or loss over a specific period.