OB Concepts Must Reflect Contingency Conditions for All of the Following

question 101

Multiple Choice

OB concepts must reflect contingency conditions for all of the following reasons except ________.

• A) human beings are complex
• B) our predictions and assumptions are almost accurate all the time
• C) one person's behavior changes in different situations
• D) we are limited in our ability to make sweeping generalizations
• E) two people often act very differently in the same situation

Analyze the impact of fiscal policy decisions in response to unemployment and inflation.

Explain the relationship between government spending, taxation, and national debt.

Identify the effects of government borrowing on interest rates and real GDP.

Recognize how fiscal policy and national debt affect future generations.

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Definitions:

Hierarchy

A system or organization in which people or groups are ranked one above the other according to status or authority.

Competency-Based Pay

A compensation approach that ties an employee's pay to their level of competency or skills, rather than their job title or position.

Advantages and Disadvantages

The beneficial and unfavorable aspects or outcomes of a decision, action, or situation.

Wage-Rate Compression

A situation where differences in wages among employees narrow, often leading to less distinction in pay between higher and lower-level jobs.