Which One of the Following Is NOT True of Psychological

question 63

Multiple Choice

Which one of the following is NOT true of psychological contracts?

• A) Psychological contracts describe what an employee expects to contribute in an employment relationship and what the employer will provide the employee in exchange for those contributions.
• B) Under the "new" psychological contract,organizations expect their employees to contribute time,effort,skills,abilities,and loyalty in return for job security and opportunities for promotions.
• C) Unlike a written sales contract,psychological contracts are not formally put into writing.
• D) Psychological contracts describe unspoken expectations.
• E) Companies demand excellent customer service and high productivity levels from employees.

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Definitions:

Entrepreneurial Process

The sequence of steps and stages that entrepreneurs follow to bring a new business idea to fruition, from conception through to launch and growth.

Threshold Concept

A core idea or concept that, once understood, transforms perception of a given subject, acting as a gateway to deeper understanding and learning in that field.

Critical Mass

The minimum amount of something required to start or maintain a venture, often referring to the necessary volume of customers, resources, or support to make a project viable.

Revenues

The total income generated by a company from its business activities, before any expenses are subtracted.