Your Budget Is Influenced by Your Income, Which in Turn

question 43

True/False

Your budget is influenced by your income, which in turn is influenced by your education and career decisions.

Grasp the advantages and disadvantages of classroom training.

Understand the principle and effectiveness of mentoring in the workplace.

Understand the critical role and process of orientation for new employees.

Identify the effectiveness and purposes of different coaching techniques.

---

Definitions:

Reinforcement

In operant conditioning, any event that strengthens or increases the likelihood of a behavior occurring again.

Punishment

A consequence applied to an individual or a group for a behavior deemed unacceptable by a given standard, intended to discourage the behavior's recurrence.

Self-efficacy

A belief in one's capabilities to organize and execute the courses of action required to manage prospective situations.

Birth Order

The theory that a person's rank by age among siblings influences their personality and behavior.