Kerri Is a Teaching Assistant for a Large Lecture Class

question 107

Multiple Choice

Kerri is a teaching assistant for a large lecture class. She enjoys grading student tests, alphabetizing them, and entering the scores in the grade book, but the professor thinks she takes too long to complete this process. Hoping to speed things up, the professor offers Kerri a small cash reward for grading each assignment quickly and accurately. This solution works until the professor runs out of money. Now Kerri complains about her grading responsibilities all the time, and she takes even longer than before to complete her work. She asks if the professor can force the 150 students to sit in alphabetical order during the test to save her time alphabetizing them later, and when the professor declines, she tells him how much she hates grading. Which of the following best explains what happened to Kerri?

• A) The extrinsic motivation of the monetary reward has come to undermine Kerri's intrinsic motivation to grade.
• B) Kerri's extrinsic desire to grade was replaced by an intrinsic motivation to make money.
• C) Kerri lost her intrinsic motivation to grade at the same time that the professor ran out of money.
• D) Kerri sabotaged her own performance by engaging in self-handicapping.

Grasp the strategies businesses use to influence consumer behavior and increase sales.

Recognize the contributions of key figures in the field of behavioral economics.

Contrast the prediction capabilities of neoclassical and behavioral economics in real-world economic crises.

Understand the distinction and application of System 1 and System 2 in decision-making processes.

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Definitions:

Acquisition Of Inventory

The process through which a business purchases goods to be sold, which may be raw materials for manufacturing or finished goods for resale.

Collection Of Cash

The process by which businesses gather or accumulate monetary payments received from customers.

Committed Operating Loan

A loan agreement where the lender agrees to provide a fixed amount of operating capital to a borrower for a specified term.

Non-Committed

Non-Committed in finance refers to facilities or funding that is not contractually guaranteed and can be withdrawn under certain conditions.