For About Five Years, Lucy and Betty Have Been Working

question 104

Multiple Choice

For about five years, Lucy and Betty have been working for Bright Fires at the same level of management and doing similar kinds of work. Lucy has been focusing on setting specific and difficult goals for herself and believes that exerting a high level of effort will result in the successful performance in her job. On the other hand, Betty compares herself to different managers, such as Meg, who works for the competitor in a similar work position. Betty feels disheartened when she finds out that she is significantly underrewarded at Bright Fires. From Betty's view in this situation, Lucy is a(n)

• A) empowerment evaluator.
• B) external comparison.
• C) internal comparison.
• D) valence generator.
• E) cognitive distorter.

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Definitions:

Cash Payment

A transaction in which money is paid out or expended in the form of physical currency or through electronic funds transfer.

Management Services

Professional services provided to businesses, often involving strategic advisory, financial management, or operational improvements.

Accrual Basis

This accounting method records income and expenses when they are earned or incurred, regardless of when cash transactions occur.

Cash Basis

An accounting method where revenues and expenses are recorded when cash is received or paid, respectively.