A Banker Opts for Short-Term Gain Despite Indications That His

question 114

Multiple Choice

A banker opts for short-term gain despite indications that his decision might not pay off in the long run.Which error or bias is the banker guilty of?

• A)Selective perception bias
• B)Immediate gratification
• C)Representation
• D)Overconfidence

Differentiate between intrinsic and extrinsic motivation.

Recognize how motivation affects persistence and effort in work-related behavior.

Identify factors that stimulate intrinsic motivation.

Understand the relationship between motivation and organizational objectives.

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Definitions:

Analog Potentiometer

An electrical component that varies resistance in a circuit to control a device, often used to adjust levels such as volume.

Hall-effect TPS

A throttle position sensor using the Hall-effect principle to measure the position of the throttle in an engine, translating the throttle's position into an electrical signal.

Transmitting Torque

The process of transferring rotational force from one part of a mechanical system to another, typically via gears, belts, or shafts.

Planetary Gears

A gear system that consists of one or more outer gears revolving around a central sun gear, widely used in automatic transmissions.