Contours, Inc

question 26

Multiple Choice

Contours, Inc., uses its budget for labor hours as a ________ tool.

• A) preventive
• B) concurrent
• C) feedforward
• D) feedback

---

Definitions:

Temporal Discounting

The devaluation of future rewards or outcomes in favor of immediate benefits, reflecting an individual's preference for short-term gratification.

Certainty Effect

The tendency for people to give greater weight to outcomes that are certain, compared to outcomes that are only probable.

Self-Determination Theory

A theory of motivation that emphasizes the role of innate psychological needs in the development of personal growth and psychological well-being.

Autonomy

The capacity to make an informed, uncoerced decision independently. In personal context, it refers to self-governance or the right to self-direct one's life.