According to Models of Asymmetric Information,strikes Are More Likely When

question 44

Multiple Choice

According to models of asymmetric information,strikes are more likely when:

• A)firm profitability is highly variable and uncertain
• B)there is less democracy in the union
• C)union leaders have less information regarding firm profitability than the rank and file members
• D)none of the above

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Definitions:

Job Design Theory

A concept in organizational psychology that focuses on organizing work tasks to improve job satisfaction, efficiency, and productivity.

Motivate

To provide reasons, encouragement, or incentives for individuals to behave in a desired way or even pursue certain goals.

Self-actualization

A psychological concept referring to the realization or fulfilment of one's talents and potentialities, considered as a drive or need present in everyone.

Maslow

Refers to Abraham Maslow, a psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority.