Ingrid Is Excited About Her New Job

question 120

Multiple Choice

Ingrid is excited about her new job.She thinks it will be exciting,fulfilling,and rewarding,and will allow her the standard of living she is looking for.She has made a(n) ____ with her new employer.

• A) inducement
• B) psychological contract
• C) organizational commitment
• D) contributory expectation
• E) mental picture

---

Definitions:

Present Value Factor

A calculation used in determining the present value of a sum of money to be received in the future by considering a specified rate of interest.

Average Rate of Return

A financial ratio that indicates the profitability of an investment by calculating the average annual profits divided by the initial investment cost.

Present Value Factor

A factor used to determine the present value of a sum that is to be received in the future, taking into account a specific interest rate and time period.

Cash Payback Period

The amount of time it takes for an investment to generate enough cash flow to recover its initial cost.