The Trend to a Greater Number of Working Hours Is

question 50

Multiple Choice

The trend to a greater number of working hours is common across the globe.In consequence,this high-pressure environment is increasing the need for any product or service that saves time or simplifies life.What are the potential business impacts of this trend to a greater number of working hours?

• A)Companies must take an active role in helping their employees balance their time at work with their family lives and need for leisure
• B)The stress-related problems that affect employee morale and health are going to continue to increase
• C)As time for shopping continues to evaporate, internet and mail-order marketers are set to have a growing advantage over traditional shops
• D)All of the answers are correct

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Definitions:

Momentary Maximization

The tendency of an organism to choose an option that provides immediate benefits, even if a different choice could yield a higher cumulative benefit over time.

Maximizing Law

A principle suggesting that individuals behave in ways that they believe will maximize their rewards and minimize their losses.

Matching Law

A principle in psychology and behavioral economics that states the proportion of responses directed towards an option matches the proportion of reinforcements obtained from that option.

Prefrontal Cortex

The prefrontal cortex is a part of the brain located at the front of the frontal lobes; it is involved in complex behaviors including planning, decision making, and moderating social behavior.