As a Manager,when You Expect Employees to Perform Badly,they Probably

question 172

Multiple Choice

As a manager,when you expect employees to perform badly,they probably will,and when you expect them to perform well,they probably will.This is referred to as _____.

• A)a self-fulfilling prophecy or the Pygmalion effect
• B)the recency effect
• C)self-serving bias
• D)stereotyping
• E)employee engagement

Distinguish between homogeneous and differentiated products.

Understand how firms make profit-maximizing decisions.

Recognize the importance of information in market competition.

Explain how business objectives may vary between profit maximization and alternative goals.

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Definitions:

Used

Pertains to items or assets that have been utilized or consumed, often in contrast to those that are new or unused.

Country

A distinct territorial body or political entity recognized as an independent nation.

Stockholders

Individuals or entities that own shares in a corporation, granting them certain rights such as voting on corporate matters.