Which of the Following Factors Are Most Important to the Success

question 5

Multiple Choice

Which of the following factors are most important to the success of resource allocation policy?
(i) the policy must be well planned and well run
(ii) policymakers must have access to good information about the value of resources and how they affect economic wellbeing
(iii) policymakers must have altruistic motives for helping society

• A)(i) and (ii) only
• B)(i) and (iii) only
• C)(ii) and (iii) only
• D)(i), (ii) and (iii)

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Definitions:

Commitment, Control, Challenge

Three psychological characteristics that are significant for effectively responding to and managing stress.

Galatea Effect

A phenomenon where individuals' high self-expectations lead to improved performance.

Self-Expectations

The standards or goals an individual sets for themselves, which influence their behavior and effort in various aspects of life.

Expectancy Theory

A psychological theory that describes the motivational force behind choices individuals make, depending on their expectations of the outcome and the value they place on that outcome.