The Tendency to Value What We Have Because It Is

question 41

Multiple Choice

The tendency to value what we have because it is ours,regardless of its intrinsic value,is known as the ________.

• A)endowment effect
• B)availability heuristic
• C)representative heuristic
• D)halo effect

Differentiate between the types of organizational commitment and understand their implications on employee behavior.

Understand the exit-voice-loyalty-neglect model and how employees respond to job dissatisfaction.

Understanding the concept of becoming an ethical and effective helper in a multicultural society as a continuous process.

Recognizing the importance of multicultural competence and its infusion in the curriculum of training programs.

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Definitions:

Realistic Conflict Theory

A social psychology theory that suggests competition for limited resources leads to conflict between groups, resulting in increased prejudice and discrimination.

Ultimate Attribution Error

The tendency to ascribe the cause of a behavior to the dispositions of the group rather than to situational factors when evaluating behaviors of groups different from one's own.

Normative Influence

The effect of societal norms and expectations on an individual's behavior, prompting conformity to group standards.

Informational Influence

A type of social influence that involves conforming to the beliefs or behaviors of a group based on the desire for accuracy in situations where the correct action or belief is uncertain.