A Rational Decisionmaker Takes an Action If and Only If

question 220

True/False

A rational decisionmaker takes an action if and only if the marginal cost exceeds the marginal benefit.

Realize the importance of network positioning and its impact on power.

Differentiate between various major and minor sources of power.

Appreciate the delicate and sensitive nature of exercising power effectively.

Understand the concept of legitimate power and its basis in social structures and organizational effectiveness.

---

Definitions:

Reactivated

Refers to something that has been brought back into action or made active again after a period of inactivity.

Unfulfilled Needs

Unfulfilled Needs refer to desires or requirements that have not been satisfied or addressed, often leading individuals or organizations to seek solutions or improvements.

Worker's Attitude

The set of outlook, perceptions, and feelings an employee holds towards their work, workplace, and its culture.

Lower-order Needs

In the context of Maslow's hierarchy, these are basic physiological and safety needs that individuals seek to fulfill before achieving higher-level needs.