Which of the Following Statements About Goals and Goal Setting

question 111

Multiple Choice

Which of the following statements about goals and goal setting is not true?

• A) Goals increase persistence
• B) Goals direct attention
• C) Goals should be set at a level just beyond reachable ("stretch" goals)
• D) Goal achievement leads to job satisfaction
• E) Specific goals lead to higher performance

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Definitions:

Substitution

The economic principle where consumers replace more expensive items with less costly alternatives, or when firms swap higher-priced inputs with cheaper resources.

Income Effect

The change in consumption resulting from a change in real income.

Total Utility

The overall satisfaction or benefit a consumer receives from consuming a certain quantity of a good or service.

Indifference Curve

A graph that represents different combinations of two goods or services among which a consumer is indifferent, meaning they have no preference for one combination over another, all providing the same level of utility.