The Exit-Voice-Loyalty-Neglect Model States That Some Employees Respond to Their

question 237

True/False

The exit-voice-loyalty-neglect model states that some employees respond to their job dissatisfaction by patiently waiting for the problem to work itself out or get resolved by others.

Comprehend the concept of role conflict and role ambiguity and their implications for organizational effectiveness.

Understand the impacts of stress in the workplace and distinguish between eustress and distress.

Understand the difference between effectiveness and efficiency.

Recognize the importance of research and analysis in developing business exit strategies.

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Definitions:

Weighted-Average Number

A calculation that takes into account the varying degrees of importance of the numbers in a dataset, giving some numbers more weight than others.

Common Shares

Shares of ownership in a corporation that entitle the shareholder to vote on corporate matters and receive dividends.

Fiscal Year

A financial year used by governments and businesses for accounting purposes, which may or may not align with the calendar year.

Convertible Bonds

Debt securities issued by a corporation that can be converted into a predetermined number of the company's equity shares.