Reality Shock Is

question 96

Multiple Choice

Reality shock is:

• A) based on expectancy theory.
• B) an element in the model of individual behavior.
• C) common in lateral career development.
• D) a unique feature of an adaptive culture.
• E) a perceived discrepancy between employee expectations and reality.

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Definitions:

Total Profits

The final financial gain from a business operation after subtracting all expenses, taxes, and costs from total revenues.

Firm

A business organization, such as a corporation or partnership, engaged in commercial, industrial, or professional activities.

Accounting Profits

The net income for a company calculated by subtracting total expenses from total revenues, according to standard accounting practices.

Economic Profits

The gap between a company's overall income and its combined explicit and implicit expenses.