Armando, Who Is a Software Engineer, Has Been Working Long

question 212

Multiple Choice

Armando, who is a software engineer, has been working long hours trying to develop a new way to more quickly predict hurricane activity for a satellite weather system.Armando quit his last job because the leadership of that company made him feel like he was "punching the clock." The woman who is the chief executive officer of his new company believes that people are industrious, creative, and rewarded by challenging work.Regarding Armando's current and previous job situations, which of the following statements is TRUE?

• A)The work efficiency of Armando's current job is probably being measured by time-and-motion studies.
• B)Armando is now being scientifically-managed at his new company.
• C)Armando's work and psychological efficiency would have been higher had he stayed with his old company.
• D)Armando has moved from a job with a Theory X leader boss to a career with a Theory Y leader boss.

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Definitions:

Call Option

A fiscal arrangement that permits the owner to optionally buy a stock, bond, commodity, or another asset at a pre-specified price within a certain period, without being obliged to do so.

Specified Price

A designated price set for the execution of a transaction in securities, contracts, or a commercial agreement.

Options Contract

A financial agreement granting the buyer the opportunity, but not the obligation, to buy or sell an asset at a specific price on or before a certain date.

Forward Contract

A personalized agreement between two individuals to purchase or sell a property at a designated future time at a price determined currently.