Robert Was Running Low on Cash and Could Not Buy

question 92

Multiple Choice

Robert was running low on cash and could not buy his textbook by the first day of class if the bookstore did not accept his credit card. Luckily, the bookstore accepted his VISA card, so the bookstore created __________ utility for Robert.

• A)form
• B)time
• C)price
• D)possession
• E)place

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Definitions:

Equity Theory

Is concerned with a person’s perceived inputs to a (work) setting and the outcomes received from that setting. The theory suggests that everyone calculates the ratio of inputs to outcomes, similar to considering a return on any investment.

Human Resource Managers

Professionals responsible for overseeing an organization's personnel management, including recruitment, training, benefits, and compliance with labor laws.

Intrinsic Motivation

The drive to engage in an activity or behavior for its own sake, finding personal satisfaction and fulfillment rather than for some separable consequence like monetary reward.

Cognitive Perspective

A psychological approach focusing on the mental processes of knowledge acquisition, problem-solving, and decision-making.