In the Context of the Specific Environment of an Organization

question 61

Multiple Choice

In the context of the specific environment of an organization, which of the following is a difference between opportunistic behavior and relationship behavior?

• A) Opportunistic behavior is observed when both buyers and sellers show least reliability on the other, whereas relationship behavior is observed when both buyers and sellers believe in creating short-term client relationships.
• B) A low degree of buyer or seller dependence can lead to opportunistic behavior, whereas a high degree of buyer or seller dependence can lead to relationship behavior.
• C) In opportunistic behavior, either the buyer or the seller benefits at the expense of the other, whereas in relationship behavior, both the buyer and the seller mutually benefit.
• D) Opportunistic behavior leads to compromises that both the supplier and the buyer agree upon, whereas relationship behavior leads to development of new business relationships when existing ones fail to work.

Analyze the strategic investment decisions involving convertible bonds and their impact on control of the firm.

Understand the ethical considerations and implications of convertible bonds in international investments.

Learn the effects of the exercise of options, warrants, and convertible bonds on the market value of the firm's shares, the number of shares outstanding, and the earnings per share.

Understand the historical foundations and contributions of pioneers in psychology.

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Definitions:

Faces Of Power

Different aspects or strategies of power, including ability to influence, change agendas, and control resources.

Politics And Influence

The activities involved in gaining and using power and influence within an organizational or governmental setting.

High Self-monitors

Individuals who are highly sensitive to social cues and can adjust their behaviors accordingly in various social settings.

Political Skill

The ability to effectively understand others at work and to use such knowledge to influence others to act in ways that enhance one’s personal or organizational objectives.