Answer:
Part 1).
The behavior that I am most involved in amplification, forecasting and persuading in the office is motivation between the team followers and staffs.
One the key persistence of association behavior is to manage staffs efficiently. This means that the employee administration is a large part of OB. In doing that administrations need to employee competent personnel and make sure they are sufficiently motivated. While the motivation can be of diverse types (internal and external), the administration of the motivation is what makes staffs efficient and creative. Thus in order to achieve effectiveness and productivity on association level, I believe it is significant to manage worker motivation efficiently.
There are various representations that can be used for this determination. For example, Maslow’s hierarchy, Herzberg’s’ theory, etc.
Part 2).
One of the significant steps to eliminate biases and preconceptions is to admit their presence and to vigorously avoid them. The staffs should receive discernment and diversity training on a regular basis. In addition to this stages of possible judgement/bias such as signing, raises, task, etc. needs to be totally objective. The valuation of staffs or possible personnel should follow objective procedure and assessment criteria.
This should allow plummeting, if not removing, the bias and judgement in the day to day process of the team and the association.
Answer:
A. standard deviation = $500, expected return = $5,000
Explanation:
For analysis which investment involved the least amount of risk we need to determine the coefficient of variation i.e. shown below:
As we know that
Coefficient of variance = standard deviation ÷ expected return
A = $500 ÷ $5,000 = 0.10
B = $700 ÷ $500 = 1.40
C = $900 ÷ $800 = 1.125
D = $400 ÷ 350 = 1.143
As it can be seen that investment A has the leas amount of risk hence, the same is to be considered
Answer:
Not change
Explanation:
In the long run we expect firms to earn zero profits. With competitive markets for both inputs and output, and with constant returns to scale, a doubling of all inputs would lead to twice as much output, twice as much revenue, and twice as much cost.
Answer:
I took some work home because I had to meet an important deadline the next morning. If I am able to finish the work on time and do it correctly, then there is a chance of getting either a promotion or a pay raise. If I cannot complete it on time, I will not get fired, but any chances of a promotion or pay raise in the near will vanish.
Since I was working at home, I couldn't prepare anything for dinner, so I decided to buy food on a website and get it delivered home. I spent $20 on my dinner, even though I could have prepared a similar dinner for $5.
I was willing to pay for the expensive meal because the opportunity cost of preparing dinner instead was too high. I can afford to pay $15 more for eating, but I cannot afford to lose the opportunity of a promotion or a pay raise. Even if I do not get them immediately, not completing my job would have made it much harder to get it in the future.
My decision is rational because I was sacrificing a small amount of money in order to preserve something that is really valuable for me (promotion or pay raise).
All resources are scarce, and in this case, time was scarce. So I had to decide which action was more valuable and which action could yield a higher benefit.
