Armando Has Been Working Hard to Earn a Promotion

question 36

Multiple Choice

Armando has been working hard to earn a promotion. But when the promotion was posted, Armando's name was not on it. The promotion was awarded to Bill, an employee who was widely thought to be the supervisor's favorite. What impact will not getting the promotion likely have on Armando's performance?

• A) Armando may feel that performance has little instrumentality for meeting his goals.
• B) Armando might cut back on his work hours and effort.
• C) Armando may feel the organization is treating him unfairly.
• D) All of these might be impacts.
• E) None of these is an impact.

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Definitions:

Conditional Sales Agreement

An agreement where the sale is contingent on meeting specific conditions, such as the buyer making all payments as agreed.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, giving a snapshot of its financial condition and liquidity.

Payment Schedule

A plan that outlines the dates and amounts for payments due over a period.

CRA

Can refer to the Canada Revenue Agency, the agency responsible for the administration of tax laws for the Canadian government, or to the Community Reinvestment Act, a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities.