Compared with the American Federation of Labor, the Industrial Workers

question 14

True/False

Compared with the American Federation of Labor, the Industrial Workers of the World union was conservative for its day.

Assess the role of rewards in influencing employee behavior and its potential problems.

Grasp the concepts of expectancy, instrumentality, and valence in the expectancy theory of motivation.

Understand the relationship between job satisfaction and organizational outcomes.

Describe the psychological contract between employees and employers and the outcomes of its breach.

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Definitions:

Decision Tree Analysis

A graphical representation of possible solutions to a decision based on different conditions or events, used in risk management and decision making.

Cost Of Capital

The necessary rate of return to consider a capital expenditure project, like the development of a new factory, as viable.

Risk Profile

An evaluation of an individual's or organization's willingness to take risks, as well as their financial ability to manage the impact of those risks.

Incremental

Describing something as increasing or adding on, often in small or gradual steps.