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When auditing expenses claimed by the university president,the auditors found extravagant spending on $1,000 per night hotels,banquets,and gourmet restaurants.The president was fired,alumni donations declined,and staff members-who were disturbed by the extravagance while staff salaries were frozen-quit their jobs.This example illustrates
Personality Hardiness
A personality characterized by commitment, control, and challenge and, hence, resistant to distress.
Distress Resistant
Distress resistant refers to the ability of an individual to withstand or cope with stress and adversity without experiencing debilitating effects on their mental or physical health.
Commitment, Control, Challenge
Three elements essential for effectively managing stress and fostering resilience, according to the Hardiness Theory.
Employer Sharing Profits
A business strategy where companies distribute a portion of their profits to their employees, often as a bonus or part of a benefit plan.
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