Solved

You Are New to an Organization and Do Not Really

question 102

Multiple Choice

You are new to an organization and do not really know what to expect about the socialization process. You recently received your MBA and have an undergraduate degree in computer science. Your new firm is a software development company with an emphasis in the healthcare industry. Your hiring process included campus interviews, a daylong trip for an interview at the company, an offer phone call and letter, and some promotional material sent via the mail. When you arrive for your first day at work, you spend half a day in an orientation session that is conducted by the human resources department, where you complete paperwork and receive a company handbook. Then you spend the rest of the day with your supervisor, who gives you a tour, introduces you to your co-workers, and explains your first project. After that, you begin working and getting to know the others in the company. You find that in most respects, your experience fits your expectations, but in some ways you are surprised by realities that you hadn't expected. None of these surprises is too difficult to accept, so you eventually begin to feel at home and happy with your new job.
-When you start to accept the differences between your expectations and the reality of the organization, you move into the ________ stage of socialization.

Definitions:

Time Value

The principle that money in hand today is valued higher than the equivalent amount at a future date, owing to its ability to earn more over time.

Cash Flows

The total amount of money being transferred into and out of a business, particularly affecting its liquidity.

Arbitrary Cutoff Point

A subjective point or threshold set by decision-makers or researchers, beyond which certain actions are taken, rules applied, or categorizations made.

Time Value

The time value concept in finance recognizes that money available now is worth more than an identical sum in the future due to its potential earning capacity.