Frederick Herzberg's Two-Factor Theory Was Developed to Explain

question 32

Multiple Choice

Frederick Herzberg's two-factor theory was developed to explain:

• A) salary negotiations.
• B) job security concerns.
• C) employee motivation.
• D) employee-manager relationships.

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Definitions:

Neoclassical Economics

An economic theory that focuses on how supply and demand balance to allocate resources efficiently in markets.

Behavioral Economics

A field of study that analyzes how psychological, cognitive, emotional, cultural, and social factors affect economic decision-making processes.

Rational Decisions

Choices made by individuals or entities based on logical assessment and comparison of the costs and benefits associated with different alternatives.

Financial Crisis

A situation where financial assets suddenly lose a significant part of their nominal value, often leading to widespread economic disruption and possibly a banking crisis.