Briefly Identify and Explain the Two New Ideas in Motivation

question 33

Essay

Briefly identify and explain the two new ideas in motivation.​

Calculate profit margin and understand its relevance in assessing divisional performance.

Understand the impact of negotiated transfer prices on operating income of divisions and the company as a whole.

Allocate support department expenses using appropriate cost drivers.

Recognize the range of acceptable transfer prices and their implications.

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Definitions:

Allness

A communicative error assuming one knows all there is to know about a particular subject, therefore oversimplifying complex entities or experiences.

Words Are Arbitrary

The concept that the meanings attached to words are not inherently linked to their phonetic expressions but are agreed upon by users of the language.

Static Evaluation

Viewing people or situations as unchanging, and failing to recognize that change occurs over time.

Open-Ended Questions

Questions designed to encourage a full, meaningful answer using the respondent's own knowledge and/or feelings, unlike yes/no questions.