A Psychological Contract Is an Employee's Perception of His or Her

question 82

True/False

A psychological contract is an employee's perception of his or her exchange relationship with an organization.

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Definitions:

Physical Setting

The natural or built environmental context in which events occur, influencing the behavior and interactions of its occupants.

Financial Support

Monetary assistance provided to individuals, organizations, or governments to help them meet their financial needs or goals.

Closed Membership

Closed Membership implies a restricted entry system where members are admitted based on certain criteria, and new entries are limited or require special admission processes.

Developmental Stages

refer to the various phases individuals pass through as they grow and mature, each stage characterized by unique physical, cognitive, and emotional development.