What Is the Psychological Contract That Exists in the Workplace

question 66

Multiple Choice

What is the psychological contract that exists in the workplace?

• A)The employer's legal obligation to provide a fair wage or salary for the work an employee performs.
• B)The use of a fair process in decision making and helping others know that the process was as fair as possible.
• C)The comparison of the ratio of an employee's outcomes to inputs against the outcome-to-input ratio of some comparison person.
• D)The degree to which employees want personal and psychological development.
• E)The set of perceptions of what employees owe their employers and what their employers owe them.

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Definitions:

Price Of Peaches

The amount of money required to purchase a specific quantity of peaches in the market.

Price Of Pineapples

The amount of money required to purchase a single unit or specified amount of pineapples.

Money Budget

An estimation of the revenue and expenses over a specified future period of time, specifically focusing on cash flows and monetary resources.

Calorie Limit

A nutritional guideline specifying the maximum number of calories to be consumed in a day to maintain or achieve certain health goals.