Tom,a Top Manager at ExpressFed,derives a Sense of Accomplishment and Achievement

question 33

Multiple Choice

Tom,a top manager at ExpressFed,derives a sense of accomplishment and achievement from managing a large corporation and strives to reach year-end targets to obtain his customary bonus.Tom is:

• A)Extrinsically motivated only
• B)Intrinsically motivated only
• C)Prosocially motivated only
• D)Negatively reinforced
• E)Extrinsically and intrinsically motivated

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Definitions:

Output Units

Refers to the quantity of goods or services produced within a given time frame.

Average Total Cost

The per-unit production cost, calculated by dividing the overall production cost by the number of units produced.

Profit

The financial gain achieved when the revenue from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Marginal Cost

The additional cost incurred by producing one more unit of a product or service, important for decision-making in pricing and production levels.