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Use the Following Information to Answer the Question(s)below

question 5

Multiple Choice

Use the following information to answer the question(s) below.
Suppose that you have received two job offers.Rearden Metal offers you a contract for $75,000 per year for the next two years while Wyatt Oil offers you a contract for $90,000 per year for the next two years.Both jobs are equivalent.Suppose that Rearden Metal's contract is certain,but Wyatt Oil has a 60% chance of going bankrupt at the end of the year.In the event that Wyatt Oil files for bankruptcy,it will cancel your contract and pay you the lowest amount possible for you to not quit.If you do quit,you expect you could find a new job paying $75,000 per year,but you would be unemployed for four months while searching for this new job.
-Assuming your cost of capital is 6 percent,the present value of your expected wage if you accept Rearden Metal's offer is closest to:

Recognize early studies and theories of industrial relations and their impact on the workplace.

Understand the characteristics and outcomes of Fordist workplace control.

Discuss the socio-economic conditions and their impacts during the Gilded Age and Fordist Era.

Compare and contrast early theories of management and organizational communication.

Definitions:

Total Quality Management

A management approach focused on continuous improvement of processes in products and services, involving all members of an organization.

Core Values

Fundamental principles or beliefs that guide an individual's or organization's actions and decisions; the essence of an entity's identity.

Cultural Diversity

The existence of a variety of cultural or ethnic groups within a society, organization, or team, emphasizing the value of diverse perspectives.

Managing Activities

The process of planning, organizing, directing, and controlling resources to achieve specific goals within an organization or project.