Technically, Instrumentality Is

question 52

Multiple Choice

Technically, instrumentality is

• A) the value of a work goal or purpose, relative to a person's unique individual ideals and passions.
• B) the belief that a person has the capabilities needed to execute the behaviors required for task success.
• C) a set of subjective probabilities, each ranging from 0 to 1, that successful performance will bring a set of outcomes.
• D) a subjective probability, ranging from 0 to 1, that a specific amount of effort will result in a specific level of performance.
• E) a cognitive grouping or cluster of outcomes that are viewed as having critical psychological or physiological consequences.

---

Definitions:

Salvage Value

The calculated remaining value of an asset after it has served its anticipated lifetime.

Opportunity Costs

Missing out on possible advantages from various alternatives upon deciding on one.

Sunk Cost

A cost that has already been incurred and cannot be recovered or refunded, and thus should not influence future financial decisions.

Book Value

Book value is the net value of a company's assets found on its balance sheet, calculated as total assets minus total liabilities and intangible assets.