An Employee Is Promoted in an Organization, and Shortly Wants

question 69

Multiple Choice

An employee is promoted in an organization, and shortly wants another promotion, eventually to work up to the executive level. In E. R.G. theory, this is an example of the

• A) Frustration-regression principle.
• B) Satisfaction-progression principle.
• C) Deficiency cycle.
• D) Enrichment cycle.

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Definitions:

Pure Monopoly

A market structure where a single supplier controls all production and sale of a particular good or service, with no close substitutes.

Output Quantity

The total amount of a product or service produced by a company or industry.

Rent-seeking

The practice of gaining economic advantage by manipulating the social or political environment in which economic activities occur, instead of by creating new wealth.

Patent Protection

A legal right granted by the government to an inventor, giving them the exclusive right to make, use, or sell their invention for a certain period.