Indifference Toward Organizational Rewards

question 60

Multiple Choice

Indifference toward organizational rewards:

• A) substitutes for instrumental and supportive leadership.
• B) neutralizes instrumental and supportive leadership.
• C) substitutes for instrumental leadership only.
• D) substitutes for supportive leadership only.

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Definitions:

Marginal Utility

Marginal utility is the additional satisfaction or utility that a consumer receives from consuming one more unit of a good or service.

Utility Maximization

A theory in economics that suggests consumers will allocate their resources to maximize their utility or satisfaction given their income and the prices of goods and services.

Consumption Good

A good that is utilized by consumers to satisfy their current wants or needs.

Utility Function

A mathematical representation of how consumers rank different bundles of goods or services according to their level of satisfaction or utility.