Contrast Effect Refers to the Tendency to Remember Recent Information

question 65

True/False

Contrast effect refers to the tendency to remember recent information. If the recent information is negative, the person or object is evaluated negatively.

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Definitions:

Economic Value

The worth of a good or service as determined by the market or the value it brings to the transaction.

Profit-Sharing Plan

A company program that gives employees a share in the profits of the company, typically based on its yearly or quarterly earnings.

Line Managers

Supervisors or managers who have direct responsibility over a particular line of business, department, or team within an organization.

Program Strategies

Planned actions or series of actions aimed at achieving specific goals within a program.