In Good Economic Conditions, Understanding How to Reward, Satisfy, and Retain

question 23

True/False

In good economic conditions, understanding how to reward, satisfy, and retain employees is at a premium, however, in bad times, issues like stress, decision making, and coping come to the fore.

---

Definitions:

Milgram Experiments

A series of social psychology experiments conducted by Stanley Milgram, which measured the willingness of study participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience.

"Learners"

Individuals engaged in the process of gaining knowledge, understanding, or skill through study, experience, or teaching.

Cognitive Dissonance

The mental distress felt when possessing multiple contradictory beliefs, values, or attitudes.

Milgram Obedience Studies

A series of experiments that demonstrated a high level of obedience to authority figures, leading participants to perform acts conflicting with their personal conscience.