The Goal-Setting Theory of Motivation Suggests That Employee Satisfaction and Motivation

question 123

Multiple Choice

The goal-setting theory of motivation suggests that employee satisfaction and motivation are functions of:

• A) company policies and the relationships formed with co-workers.
• B) clear, direct goals over which the employee has control.
• C) employee abilities, goals, and job characteristics.
• D) the core characteristics of the job.

Comprehend the role of scienter in legal determinations related to fraud.

Recognize the ethical and legal issues involved in business dealings and the exploitation of trust or authority.

Differentiate between the various factors that can affect the enforceability of a contract such as concealment, duress, and undue influence.

Evaluate the relevance and application of legal doctrines in specific contractual disputes and case law.

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Definitions:

Monopolistic Competition

A market structure where many businesses sell products that are similar but not identical, allowing for competition based on price, quality, and marketing.

Pure Monopoly

A market structure where a single seller controls the entire supply of a product or service, and where entry of new competitors is obstructed.

Oligopoly

A market structure characterized by a small number of firms whose decisions about pricing and output can significantly affect competitors.

Mutual Interdependence

The economic concept where the outcome of one party's decision depends on the actions taken by other parties, particularly relevant in oligopolistic markets.