Baggins Incorporated Identifies New Product Development and Product Improvement as the Top

question 100

Multiple Choice

Baggins Incorporated identifies new product development and product improvement as the top corporate goals.An employee developed an innovation that will correct a shortcoming in one of the company's products.Although Baggins current Return on Investment (ROI) is 12%,the product innovation is expected to generate ROI of only 10%.As a result,awarding bonuses to employees based on ROI resulted in

• A)goal conflict.
• B)information overload.
• C)goal congruence.
• D)decreased value of information.

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Definitions:

Counseling Psychology

A branch of psychology that assists people with problems in living (often related to school, work, or marriage) and in achieving greater well-being.

Helping Profession

Career paths that are focused on improving the well-being of others, such as healthcare, education, and social work.

Marriage

A legally and socially sanctioned union between individuals that establishes rights and obligations between them and their children.

Hindsight Bias

The tendency to believe, after an event has occurred, that one would have foreseen or predicted the outcome, often referred to as the "I-knew-it-all-along" effect.