Describe Tesser's Self-Evaluation Maintenance Model

question 57

Essay

Describe Tesser's self-evaluation maintenance model. Show how this model is relevant to understanding whom we choose as friends.

Comprehend how industry characteristics affect organizational culture.

Analyze the role of leaders in shaping and conveying organizational culture.

Assess the long-term performance differences between adaptive and nonadaptive firms.

Understand the influence of organizational culture on employee performance and behavior.

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Definitions:

Carrying Value

The book value of an asset or liability on a company's balance sheet, representing its value according to accounting standards.

Unrealized Gain

A profit that results from an investment that has increased in value but has not yet been sold for cash.

Acquisition Differential

The gap between what a company is bought for and the true worth of its recognizable assets and debts.

Goodwill Impairment

Goodwill impairment occurs when the market value of a company's goodwill asset falls below its book value, indicating that the asset is overvalued on the balance sheet.