Suppose Marion and Gab Must Both Choose Between Two Jobs,a

question 69

Multiple Choice

Suppose Marion and Gab must both choose between two jobs,a safe job that pays $250/week and a risky job that pays $300/week.The value of safety to each is $75/week.Each also values having a higher income than the other at $75/week.Having the same job (income) as the other means no change in satisfaction.The following payoff matrix shows the income (satisfaction) each would get based on the other decision. $\begin{array}{c}\quad\quad\quad\quad\quad\quad\quad\quad\quad\text { Marion }\\\text { Gab }\begin{array}{|l|l|l|}\hline& \text { Safe Job @ \$250 } & \text { Risky Job @ \$300 } \\\hline \text { Safe Job @ \$250 } & \begin{array}{l}\text { Gab: \$325 } \\\text { Marion: \$325 }\end{array} & \text { Gab: \$325 } \\& \text { Marion: \$375 } \\\hline \text { Risky Job @ \$300 } & \begin{array}{l}\text { Gab: \$375 } \\\text { Marion: \$325 }\end{array} & \begin{array}{l}\text { Gab: \$300 } \\\text { Marion: \$300 }\end{array} \\\hline\end{array}\end{array}$
Suppose that Gab chooses the safe job,Marion is most likely to choose the ____ and obtain a total of ____ satisfaction.

• A)safe job;$325
• B)safe job;$250
• C)risky job;$375
• D)risky job;$300

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Definitions:

High-Context Culture

A culture in which communication relies heavily on implicit cues and contexts, with less explicit verbal information.

Low-Context Culture

A low-context culture is one in which communication is explicit, meaning is derived from the actual words spoken or written, and less is conveyed through nonverbal cues or context.

Communication Process

The sequence of steps through which information is transmitted and received between individuals or entities.

Managerial Success

Achieving organizational goals effectively and efficiently through planning, organizing, leading, and controlling resources.